Canopy Growth Corporation (NASDAQ:CGC) currently has a daily average trading volume of 4.90M but it saw 5477175 shares traded in last market. With a market cap of 689.67M USD, the company’s current market price of $3.74 came falling about -5.08 while comparing to the previous closing price of $3.94. 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 $3.74 while lowest mark touched by it was $4.005.
Taking a look at 20-day trading activity of Canopy Growth Corporation (CGC) gives us an average price of $4.71, while its current price level is -74.93% below from 52-week high level whereas it is 35.75% 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 $4.58 while that of 200 days or SMA-200 reads an average of $6.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.03% during that period while stretching the period over a month that decreases to 10.08%. 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 36.87 which implies that the stock is in neutral territory.
Over the week, CGC’s stock price is moving -17.80% down while it is -12.21% when we observe its performance for the past one month. Year-to-date it is -26.81% down and over the past year, the stock is showing a downside performance of -29.65%.
Currently, Canopy Growth Corporation’s total number of outstanding shares is 91.12M. Company’s return on investment (ROI) stands at -59.39% and return on equity (ROE) at -92.35%. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 0.93 while price to sale or P/S ratio amounts to 3.34. Its return on asset (ROA) is -40.09% on average.
