Canopy Growth Corporation (NASDAQ: CGC) flaunted slowness of -0.66% at $8.97, before settling in for the price of $9.03 at the close. Taking a more long-term approach, CGC posted a 52-week range of $2.76-$19.20.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 21.23%. Meanwhile, its Annual Earning per share during the time was -76.81%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 90.96%. This publicly-traded company’s shares outstanding now amounts to $91.11 million, simultaneously with a float of $64.78 million. The organization now has a market capitalization sitting at $817.26 million. At the time of writing, stock’s 50-day Moving Average stood at $5.67, while the 200-day Moving Average is $5.76.
Canopy Growth Corporation (CGC) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Canopy Growth Corporation industry. Canopy Growth Corporation’s current insider ownership accounts for 28.90%, in contrast to 6.74% institutional ownership. According to the most recent insider trade that took place on Dec 29 ’23, this organization’s Director sold 3,713 shares at the rate of 6.68, making the entire transaction reach 24,803 in total value, affecting insider ownership by 17,042. Preceding that transaction, on Dec 29 ’23, Company’s Director sold 3,697 for 6.68, making the whole transaction’s value amount to 24,696. This particular insider is now the holder of 17,501 in total.
Canopy Growth Corporation (CGC) Earnings and Revenue Records
Canopy Growth Corporation’s EPS increase for this current 12-month fiscal period is 90.96% and is forecasted to reach -0.80 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.28% through the next 5 years, which can be compared against the -76.81% growth it accomplished over the previous five years trading on the market.
Canopy Growth Corporation (NASDAQ: CGC) Trading Performance Indicators
Let’s observe the current performance indicators for Canopy Growth Corporation (CGC). It’s Quick Ratio in the last reported quarter now stands at 1.40. The Stock has managed to achieve an average true range (ATR) of 1.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.34.
In the same vein, CGC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -16.06, a figure that is expected to reach -0.33 in the next quarter, and analysts are predicting that it will be -0.80 at the market close of one year from today.
Technical Analysis of Canopy Growth Corporation (CGC)
Now, what If we examine the latest scores posted by [Canopy Growth Corporation, CGC]. During the last 5-days, its volume was better the volume of 9.8 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 76.04% While, its Average True Range was 1.16.
Raw Stochastic average of Canopy Growth Corporation (CGC) in the period of the previous 100 days is set at 70.50%, which indicates a major rise in contrast to 60.50% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 131.39% that was lower than 159.52% volatility it exhibited in the past 100-days period.
