Canopy Growth Corporation (NASDAQ:CGC) currently has a daily average trading volume of 7.97M but it saw 5776709 shares traded in last market. With a market cap of 178.07M USD, the company’s current market price of $1.14 came falling about -2.56 while comparing to the previous closing price of $1.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.92 and as low as $1.05. In the recent trading on the day, stock has struck highest price mark of $1.11 while lowest mark touched by it was $1.2.
Taking a look at 20-day trading activity of Canopy Growth Corporation (CGC) gives us an average price of $1.2852, while its current price level is -92.36% below from 52-week high level whereas it is 8.57% 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 $1.8230 while that of 200 days or SMA-200 reads an average of $4.4162. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.48% during that period while stretching the period over a month that decreases to 8.75%. 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 31.50 which implies that the stock is in neutral territory.
Over the week, CGC’s stock price is moving 1.79% up while it is -33.33% when we observe its performance for the past one month. Year-to-date it is -58.39% down and over the past year, the stock is showing a downside performance of -62.99%.
The company is expected to be releasing its next quarterly report on 2025-Feb-06, for which analysts forecasted an EPS of -0.2 while estimate for next year EPS is -3.4. In next quarter, company is expected to be making quarterly sales of $72.15M as analysts are expecting the sales for current fiscal year at $276.22M and seeing the company making $298.35M in sales next year. Moreover, analysts are in estimates of $71.84M for current-quarter revenue.
Currently, Canopy Growth Corporation’s total number of outstanding shares is 156.20M with 0.14% of that held by the insiders while 6.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -46.51% and return on equity (ROE) at -84.50%. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 0.36 while price to sale or P/S ratio amounts to 0.88. Its return on asset (ROA) is -37.84% on average.
