Aphria (TSE:APH) Downgraded by Pi Financial

Pi Financial downgraded shares of Aphria (TSE:APH) from a buy rating to a neutral rating in a report published on Tuesday morning, Zacks.com reports. Pi Financial also issued estimates for Aphria’s FY2021 earnings at ($0.10) EPS and FY2022 earnings at $0.01 EPS.

The firm has a fifty day moving average price of C$15.15. Aphria has a twelve month low of C$7.51 and a twelve month high of C$24.75.

Aphria (TSE:APH) last released its quarterly earnings results on Thursday, January 14th. The company reported C($0.04) earnings per share for the quarter, beating the consensus estimate of C($0.08) by C$0.04. The firm had revenue of C$160.53 million for the quarter, compared to the consensus estimate of C$154.45 million.

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