Canopy Growth Corporation (NASDAQ:CGC) currently has a daily average trading volume of 5.55M but it saw 4874738 shares traded in last market. With a market cap of 287.47M USD, the company’s current market price of $2.83 came falling about -7.21 while comparing to the previous closing price of $3.05. 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 $2.805 while lowest mark touched by it was $3.1.
Taking a look at 20-day trading activity of Canopy Growth Corporation (CGC) gives us an average price of $3.56, while its current price level is -81.03% below from 52-week high level whereas it is 2.72% 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 $4.11 while that of 200 days or SMA-200 reads an average of $6.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.50% during that period while stretching the period over a month that increases to 5.80%. 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 25.32 which implies that the stock is in oversold territory.
Over the week, CGC’s stock price is moving -13.72% down while it is -25.33% when we observe its performance for the past one month. Year-to-date it is -44.62% down and over the past year, the stock is showing a downside performance of -42.06%.
Currently, Canopy Growth Corporation’s total number of outstanding shares is 101.58M. Company’s return on investment (ROI) stands at -59.39% and return on equity (ROE) at -92.35%. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 0.70 while price to sale or P/S ratio amounts to 1.39. Its return on asset (ROA) is -40.09% on average.
