NEW YORK, NY / ACCESSWIRE / January 22, 2019 /U.S. markets closed up on Friday for the fourth consecutive session amidst optimism over the U.S.-China trade talk. The Dow Jones advanced 1.38 percent to settle at 24,706.35, while the S&P 500 surged by 1.32 to close at 2,670.71. The Nasdaq jumped 1.03 percent to settle at 7,157.23.
“With the shutdown slowly taking 0.1 percentage point of GDP each week, the president knows a victory in resolving the trade war can give him leverage on continuing his battle with Democrats on his border wall funding,” said market analyst at OANDA, Edward Moya.
The Market Wealth Report Initiates Coverage on:
Aphria Inc. https://marketwealthreport.com/report/APHA/
Aurora Cannabis Inc. https://marketwealthreport.com/report/ACB/
Aphria’s stock jumped 3.09% Friday, to close the day at $6.68. The stock recorded a trading volume of 3,951,622 shares, which was below its three months average volume of 6,836,504 shares. In the last year, Aphria’s shares have traded in a range of 3.75 – 16.86. The share price has gained 78.13% from its 52 week low. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $5.94 is below its 200-day moving average of $9.94. Shares of the company are trading at a Price to Earnings ratio of 22.34. Shares of Aphria have gained roughly 37.73 percent in the past month and are up 6.71 percent year-to-date.
Access The Market Wealth’s Aphria Inc. Research Report: https://marketwealthreport.com/report/APHA/
On Friday, shares of Aurora Cannabis recorded a trading volume of 39,328,637 shares, which was above the three months average volume of 17,065,927 shares. The stock ended the day 1.98% lower at $6.44. The share price has fallen 48.56% from its 52 week high with a 52 week trading range of 4.05 – 12.52. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $5.66 is below its 200-day moving average of $6.72. Shares of the company are trading at a Price to Earnings ratio of 29.81. Shares of Aurora Cannabis have gained roughly 31.97 percent in the past month and are up 23.14 percent year-to-date.
Access The Market Wealth’s Aurora Cannabis Inc. Research Report: https://marketwealthreport.com/report/ACB/
Our Actionable Research on Aphria Inc. (NYSE:APHA) and Aurora Cannabis Inc. (NYSE: ACB ) can be downloaded free of charge at The Market Wealth Report.
The Market Wealth Report
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
The Market Wealth Report has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of MarketWealthReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketWealthReport.com is neither a registeredbroker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketwealthreport.com/disclaimer .
For any questions, inquiries, or comments reach out to us directly at:
The Market Wealth Report, Unit #901 511 Avenue of the Americas, New York, NY, 10011
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Market Wealth Report