How to Buy Aphria Stock on eToro
- Search for Aphria (APHA) Stock Look up Aphria by typing the ticker symbol APHA into the search box.
- Click on trade Click Trade in the top right corner of the Aphria page.
- Specify ‘Buy’
Is Aphria stock a good investment?
Aphria stock is relatively cheap by the standards of the cannabis sector. And the company is profitable, at least on an EBITDA (earnings before interest, taxes, depreciation and amortization) basis. © Provided by InvestorPlace Marijuana plants growing in a greenhouse. The balance sheet isn’t in bad shape.
Should you invest in Aphria stock or not?
The company will receive 0.8381 shares of Tilray and get about 62% of the ownership of the new entity. Interestingly enough, based on these terms, APHA stock is trading at a discount. This actually presents an arbitrage opportunity, in which an investor can short Tilray and buy Aphria to lock in a gain.
Should Aphria stock investors take the money and run?
When you have years or even decades to let your money grow ... in stock prices, and while many people try to profit from those short-term moves, long-term investors should be laser-focused ...
Is Aphria a buy now?
These rallying stocks are great for buying right now and hold forever ... but it’s a good stock to buy for the long-term. Aphria announced its Q2 of fiscal 2021 results on January 14. During the quarter, its revenue rose by 33% year-over-year.
What happens to my Aphria stock after merger?
What will happen to Aphria once the arrangement is completed? Once completed, Tilray will acquire all outstanding Aphria Shares and Aphria will become a wholly-owned subsidiary of Tilray. Aphria Shares will be delisted from the TSX and NASDAQ.
Is Tilray buying Aphria?
Tilray-Aphria merger closes, expanded company to control biggest share of Canadian pot market. Canadian cannabis companies Tilray Inc. and Aphria Inc. say their merger deal has now closed after receiving approval from shareholders of both companies.
Should I hold my Aphria stock?
Aphria Inc(APHA-T) Rating A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Will Aphria be delisted?
Tilray's stock, currently listed on the Nasdaq exchange, closed at US$18.34, down 31 US cents, but up 120 per cent over the past four months. Aphria's stock also trades on Nasdaq, but it will be delisted from that exchange on May 3. The deal is expected to close by the end of the second quarter of 2021.
Will my Aphria stock become Tilray?
The company will continue to trade on the Nasdaq Global Select Exchange under the symbol "TLRY" and will commence trading on the Toronto Stock Exchange under the symbol "TLRY" on May 5. Under the terms, Aphria shareholders receive 0.8381 of a Tilray share for each common share of Aphria. Aphria's CEO Irwin D.
What is the new stock symbol for Aphria?
APHAAphria Inc. (APHA) Stock Price, News & Info | The Motley Fool.
Is Aphria a good buy now?
Currently, Aphria is trading at close to 0.73 times Tilray's share price. The single most compelling reason to buy Aphria stock right now is that this ratio absolutely must increase to the 0.8381 ratio included in the merger agreement.
Is Aphria a good long term investment?
Because Aphria is relatively undervalued, the long-term return of its stock is likely to be higher than its business growth, which averaged 125.7% over the past three years and is estimated to grow 26.56% annually over the next three to five years.
Is Tilray a buy today?
Shares of Tilray are not in a base or in buy range. So TLRY stock is not a buy right now. IBD advises investors to focus on stocks with stronger fundamentals that are moving into buy zones.
How many Tilray shares for Aphria?
Tilray shareholders voted in favor of the deal on Friday. Aphria shareholders received 0.8381 of a Tilray share for each Aphria common share owned. The company's stock will continue to list on Nasdaq under the ticker “TLRY” and will start trading on the Toronto Stock Exchange on Wednesday under the same ticker.
Is APHA now Tilray?
Tilray Inc. TLRY, +1.46% shareholders voted to approve the Canadian cannabis company's proposed merger with Aphria Inc. apha ca:apha at a special meeting on Friday, according to media reports, paving the way for the creation of the world's biggest cannabis company measured by revenue.
What is Aphria called now?
TilrayLast week, Tilray (TLRY) and Aphria formally merged to form a new company. It instantly became the industry leader in the Canadian pot market.
Should I buy Aphria stock or wait?
Now could be a good time to invest in APHA. While the share price has fallen considerably over the last 12-months, Aphria has performed well and se...
What are the fees when buying Aphria stock?
Zero-commission stock and ETF trading is available to European clients who trade on eToro. This means that eToro doesn't add a dealing charge or an...
Is there an APHA stock price prediction?
Analysts estimate a median 12-month forecast of $5.68, which represents a 59.16% increase on the current APHA price of $3.57.
What does the Aphria stock dividend pay?
Aphria doesn't currently pay a dividend to shareholders.
How much is Aphria's profit?
Increasing profits: Aphria Inc. has shown growth in gross profits for 4 straight years, including a jump from $75 million to $190 million between 2019 and 2020.
What is aphria cannabis?
Aphria Inc. is a small Canadian cannabis producer with big aspirations. As social attitudes and governmental regulations surrounding cannabis change in the United States, the sector could provide plenty of unique investment opportunities.
When will Aphria and Tilray merge?
Merger with Tilray. Tilray shareholders voted to approve a proposed merger with Aphria at a special shareholder meeting on Friday April 30, 2021. The merger will result in the formation of the world’s largest cannabis company by revenue.
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How to buy shares on the open market?
Choose a broker: In order to purchase shares on the open market, you’ll need a brokerage account to complete the transaction. Before choosing a broker, you’ll need to determine your trading goals and make sure the firm is a good fit. Fund your account: In order to buy shares, you’ll need to get money into your account.
How to buy shares on a broker?
Once you’ve chosen an order type, press buy on your broker’s platform to complete your trade. This will send your trade request to the broker’s order desk, who routes it to an exchange or market maker for execution. Once the order is filled, the shares will appear in your account.
Is Aphria a household name?
Despite enlisting only 1,200 full-time employees near the banks of Lake Erie, Aphria has become a household name in the marijuana sector thanks to its explosive stock growth.
Who is the CEO of Aphria?
Aphria is, without question, the dominant company in the deal. Its shareholders will control around 62% of the combined company, and its chairman and CEO Irwin Simon will retain his current roles in the new entity. Aphria will also hold seven of the nine spots on the board of directors.
How to take advantage of pricing discrepancy?
The best way to take advantage of the current pricing discrepancy is to buy Aphria and short Tilray. You won't make a huge profit, but arbitrage can be the closest to a sure thing you'll find with investing.
What is arbitrage in stock market?
Arbitrage usually involves taking advantage of a price difference of a given stock (or other investment) between multiple markets. But every now and then, an opportunity for a different kind of arbitrage arises. That's what's happened with the merger of Aphria and Tilray.
Where is Tilray made?
Tilray operates a large-scale cannabis-production operation in Portugal. Of course, the biggest prize is the U.S. cannabis market. Both Aphria and Tilray already have U.S. operations, albeit not in cannabis. Aphria recently acquired SweetWater Brewing, a craft-beer maker that focuses on cannabis lifestyle brands.
Is Aphria a rival to Aurora?
For a long time, Aphria ( NASDAQ:APHA) was overshadowed by its rivals Canopy Growth and Aurora Cannabis. That's changed. Aphria is now arguably at the center of attention in the Canadian cannabis industry, thanks to its pending merger with Tilray ( NASDAQ:TLRY). Aphria's shares are up over 180% so far this year.
Is Tilray the biggest cannabis company?
For one thing, the company is set to soon become the biggest cannabis company in the world based on revenue after the Tilray merger closes. This large scale could be important as the main players compete for market share in a rapidly expanding global cannabis market.
About APHA
Aphria is the standard for safe, clean, and pure pharmaceutical-grade cannabis at scale, grown in the most natural conditions possible. Aphria vision is to be the best performing cannabis company globally, providing investors with access to the most accretive cannabis opportunities around the world.
Stats
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Rating
What analysts on recommend for this stock, on a scale from 1 (buy) to 5 (sell).
How many articles has the Fool written on Aphria?
The Fool has written over 400 articles on Aphria Inc..
When is the APHA earnings call 2021?
APHA earnings call for the period ending March 31, 2021.
Is Tilray merging with Aphria?
The Canadian pot stock rose amid a Reddit-fueled rally and positive earnings results from Tilray, which will merge with Aphria next quarter.
Merger arbitrage in the Tilray and Aphria merger
Previously, I pointed to the juicy merger arbitrage in Tilray and Aphria stocks. According to the merger terms, Aphria stockholders will get 0.8381 Tilray shares for each Aphria share. Theoretically, Aphria stock should trade at 0.8381x of Tilray stock.
Aphria stock's valuation
Currently, Aphria stock trades at an LTM (last-12-month) EV-to-sales multiple of 12x. While the multiple is almost five times what we saw a year ago, it's still a fraction of the 162x LTM EV-to-sales multiple that we saw at the peak in 2018. Also, Aphria stock is trading at a discount to some of its peers.
Is APHA stock a buy after the crash?
The marijuana industry's outlook is strong. The Biden administration is expected to push for the federal legalization of marijuana, which would help lift adult-use marijuana sales in the country. Medical marijuana is also gaining traction globally.
What happened to Aphria stock after the Tilray merger?
However, it's worth noting that Aphria stockholders were the majority owners, with a 62 percent stake in the combined entity. Aphria has stopped trading and all Aphria shares are now converted to Tilray shares.
What is the ticker symbol for Tilray?
After the merger completion, the new entity trades under Tilray’s ticker symbol, “TLRY” on both the US and Canadian stock exchanges. In a press release, Tilray said that the combined entity had proforma revenue of $685 million in the last year.
Why was the merger with Tilray delayed?
The merger had got delayed due to the delay in approval from Tilray shareholders. However, the company lowered the quorum requirement for the shareholder meeting and it was eventually approved overwhelmingly towards the end of April.
Is Tilray a good buy?
Is Tilray stock a buy? Tilray stock has fallen sharply from the peaks. However, it looks a good buy now given the strong fundamentals of the new entity. Cannabis stocks have been on a fire over the last few trading sessions amid renewed hopes of marijuana legalization. Even Amazon has supported the federal legalization of marijuana.
