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Aphria Inc (APHA) is the safest cannabis play

Aphria Inc (APHA) currently trades at $3.03 and has grown by 7.45% today. The cannabis business has been one of the few sectors benefiting from the COVID-19 pandemic, as customers rushed last month to stockpile staples they considered essential. Aphria recorded a profit in two of its last three quarters and it’s also generating much more revenue than Aurora. Aphria released its second-quarter results in January, and with more than CA$120 million in net revenue, that was nearly more than Aurora generated in two quarters combined. Based on this information, investorsQ rates this stock 6 out of 10. We give it this rating based on current information written in this article. The high forecast for Aphria Inc is $8.42 and the low is $3.19. Notably, the company’s market cap is $806.68 million with a 52 week high of $10.14 and a 52 week low of $1.95. APHA has gained up to $0.21 from the previous closing price of $2.81. APHA has changed in price by -6.97 per share in the last 12 months.

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