NEW YORK, NY / ACCESSWIRE / January 28, 2019 / U.S. equities closed higher on Friday as companies continue to report upbeat earnings and Trump and the Democrats agreed to reopen the government until Feb. 15. The Dow Jones Industrial Average climbed 0.75 percent to settle at 24,737.20, while the S&P 500 jumped 0.85 percent to close at 2,664.76. The Nasdaq advanced 1.29 percent to settle at 7,164.86.
The Market Wealth Report Initiates Coverage on:
Aurora Cannabis Inc.
Cronos Group Inc.
Aurora Cannabis' stock moved 1.51% higher Friday, to close the day at $6.72. The stock recorded a trading volume of 19,405,761 shares, which was above its three months average volume of 16,370,345 shares. In the last year, Aurora Cannabis' shares have traded in a range of 4.05 - 12.52. The share price has gained 65.93% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $5.77 is below its 200-day moving average of $6.71. Shares of the company are trading at a Price to Earnings ratio of 31.11. Shares of Aurora Cannabis have gained roughly 31.76 percent in the past month and are up 35.48 percent year-to-date.
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On Friday, shares of Cronos Group recorded a trading volume of 14,670,737 shares, which was above the three months average volume of 9,878,800 shares. The stock ended the day 2.04% higher at $16.02. The share price has fallen 1.72% from its 52 week high with a 52 week trading range of 5.12 - 16.30. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $12.38 is above its 200-day moving average of $9.71. Shares of Cronos Group have gained roughly 55.23 percent in the past month and are up 54.19 percent year-to-date.
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SOURCE: Market Wealth Report