Stocks to Watch: Ameri Holdings, Inc. (AMRH) and Aphria Inc. (APHA) in the spotlight

The price of AMERI Holdings, Inc. (NASDAQ:AMRH) went up by $0.01 now trading at $0.3. Their shares witnessed a 100% increase from the 52-week low price of $0.15 they recorded on 2018-12-21. Even though it is still -830% behind the $2.79 high touched on 2018-06-05. The last few days have been good for the stock, as its price has grew by 5.62% during the week. It has also performed poorly over the past three months, as it lost around -6.79% while it has so far retreated around -68.57% during the course of a year. The stock of AMRH recorded 71.03% uptrend from the beginning of this year till date. The 12-month potential price target for AMERI Holdings, Inc. is set at $0. This target means that the stock has an upside potential to increase by -100% from the current trading price.

5 institutions entered new AMERI Holdings, Inc. (NASDAQ:AMRH) positions, 6 added to their existing positions in these shares, 7 lowered their positions, and 6 exited their positions entirely.

AMERI Holdings, Inc. (AMRH) trade volume has decreased by -72.75% as around 737,958 shares were sold when compared with its 50-day average volume of traded shares which is 2,708,584. At the moment, AMRH is witnessing a downtrend, as it is trading -8.53% below its 20-day SMA, -14.85% below its 50-day SMA, and -50.33% below its 200-day SMA. The company runs an ROE of roughly -109.9%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.

The first technical resistance point for AMERI Holdings, Inc. (NASDAQ:AMRH) will likely come at $0.31, marking a 3.23% premium to the current level. The second resistance point is at $0.32, about 6.25% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $0.26, the lower end of the range. AMRH’s 14-day MACD is -0.02 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 41.61, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 69.03 percent, which is low when compared to that of the 50-day’s 81.8 percent.

The shares of Aphria Inc. (NYSE:APHA) has increased by 14.66%, and now trading at $7.35 on the Wall Street in the intra-day deal, with their shares traded now around 12,767,936. This is a rise of 8,163,084 shares over the average 4,604,852 shares that were traded daily over the last three months. The stock that is trading at $7.35 went higher by 96% from its 52-week low of $3.75 that it attained back on 2018-12-06. The stock recorded a 52-week high of $16.86 nearly 257 days ago on 2018-09-12.

APHA stock hasn’t performed well over the past 30 days, as it lost -4.05% while its price climbed by 29.17% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 7.61% over the last week. The stock’s 12-month potential target price is now at $0. This means that the stock price might likely increase by -100% from its current trading price. 9 out of 12 Wall Street analysts which represents 75% rated the stock as a buy while the remaining 16.67% rated it as a hold, with 8.33% of analysts rating it as a sell.

Aphria Inc. (NYSE:APHA) has been utilizing an ROE that is roughly 0%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 5.24% above its 20-day SMA, -12.33% below its 50-day SMA, and -23.46% below its 200-day SMA. In percentage terms, the aggregate Aphria Inc. shares held by institutional investors is 15.24%. 54 institutions jumped in to acquire Aphria Inc. (APHA) fresh stake, 98 added to their current holdings in these shares, 44 lowered their positions, and 25 left no stake in the company.

The stock’s 9-day MACD is -0.02 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 56.42, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 81.29 percent, which is more when compared to that of the 50-day’s 70.61 percent. On the daily chart, we see that the stock could reach the first level of resistance at $7.64, sporting a 3.8% premium to the current level. The next resistance point is at $7.93, representing nearly 7.31% premium to the current market price of Aphria Inc. (APHA). On the other hand, failure to breach the immediate hurdles can drag it down to $6.35, the lower end of the range.

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