Putting The Spotlight On Canopy Growth Corporation (CGC)

Canopy Growth Corporation (NASDAQ:CGC) currently has a daily average trading volume of 3.30M but it saw 2594022 shares traded in last market. With a market cap of 399.69M USD, the company’s current market price of $4.71 came falling about -1.26 while comparing to the previous closing price of $4.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.92 and as low as $2.76. In the recent trading on the day, stock has struck highest price mark of $4.67 while lowest mark touched by it was $4.96.

Taking a look at 20-day trading activity of Canopy Growth Corporation (CGC) gives us an average price of $5.10, while its current price level is -68.43% below from 52-week high level whereas it is 70.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.22 while that of 200 days or SMA-200 reads an average of $6.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.42% during that period while stretching the period over a month that increases to 5.69%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.67 which implies that the stock is in neutral territory.

Over the week, CGC’s stock price is moving -0.21% down while it is -26.06% when we observe its performance for the past one month. Year-to-date it is -7.83% down and over the past year, the stock is showing a downside performance of -54.27%.

Currently, Canopy Growth Corporation’s total number of outstanding shares is 91.12M. Company’s return on investment (ROI) stands at -67.96% and return on equity (ROE) at -86.35%. Stock’s beta reads 0.88. Stock has a price to book (P/B) ratio of 0.98 while price to sale or P/S ratio amounts to 1.89. Its return on asset (ROA) is -34.23% on average.