Canopy Growth Corporation (NASDAQ:CGC) currently has a daily average trading volume of 7.82M but it saw 3891421 shares traded in last market. With a market cap of 139.05M USD, the company’s current market price of $0.90 came rising about 8.44 while comparing to the previous closing price of $0.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.92 and as low as $0.81. In the recent trading on the day, stock has struck highest price mark of $0.77 while lowest mark touched by it was $0.9191.
Taking a look at 20-day trading activity of Canopy Growth Corporation (CGC) gives us an average price of $1.0365, while its current price level is -93.98% below from 52-week high level whereas it is 10.88% 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 $1.4202 while that of 200 days or SMA-200 reads an average of $3.9340. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.53% during that period while stretching the period over a month that decreases to 10.65%. 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 34.59 which implies that the stock is in neutral territory.
Over the week, CGC’s stock price is moving -14.47% down while it is -18.35% when we observe its performance for the past one month. Year-to-date it is -67.22% down and over the past year, the stock is showing a downside performance of -91.13%.
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 $71.57M as analysts are expecting the sales for current fiscal year at $276.19M and seeing the company making $297.39M 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 154.83M with 0.14% of that held by the insiders while 6.26% 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 0.84. Stock has a price to book (P/B) ratio of 0.28 while price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is -37.84% on average.
