Canopy Growth Corporation (NASDAQ:CGC) currently has a daily average trading volume of 3.67M but it saw 2393983 shares traded in last market. With a market cap of 337.74M USD, the company’s current market price of $3.98 came falling about -1.24 while comparing to the previous closing price of $4.03. 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 $3.85 while lowest mark touched by it was $4.01.
Taking a look at 20-day trading activity of Canopy Growth Corporation (CGC) gives us an average price of $4.52, while its current price level is -73.32% below from 52-week high level whereas it is 44.46% 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 $5.34 while that of 200 days or SMA-200 reads an average of $6.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.97% during that period while stretching the period over a month that increases to 5.59%. 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 30.32 which implies that the stock is in neutral territory.
Over the week, CGC’s stock price is moving -13.10% down while it is -15.50% when we observe its performance for the past one month. Year-to-date it is -22.11% down and over the past year, the stock is showing a downside performance of -45.43%.
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 0.83 while price to sale or P/S ratio amounts to 1.59. Its return on asset (ROA) is -34.23% on average.
