Canopy Growth Corporation (NASDAQ: CGC) kicked off on Friday, down -2.11% from the previous trading day, before settling in for the closing price of $2.84. Over the past 52 weeks, CGC has traded in a range of $2.70-$14.92.
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Healthcare Sector giant saw their annual sales surged by 11.89% over the last five years. While this was happening, its average annual earnings per share was recorded 60.79%. With a float of $97.94 million, this company’s outstanding shares have now reached $98.67 million.
The firm has a total of 1029 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.01%, operating margin of -57.53%, and the pretax margin is -207.39%.
Canopy Growth Corporation (CGC) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Canopy Growth Corporation is 0.74%, while institutional ownership is 9.52%. The most recent insider transaction that took place on Sep 30 ’24, was worth 9,875. In this transaction Director of this company sold 1,995 shares at a rate of $4.95, taking the stock ownership to the 13,288 shares. Before that another transaction happened on Sep 30 ’24, when Company’s Director sold 1,987 for $4.95, making the entire transaction worth $9,836. This insider now owns 24,199 shares in total.
Canopy Growth Corporation (CGC) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.49% during the next five years compared to 20.88% growth over the previous five years of trading.
Canopy Growth Corporation (NASDAQ: CGC) Trading Performance Indicators
Take a look at Canopy Growth Corporation’s (CGC) current performance indicators. Last quarter, stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.94, a number that is poised to hit -0.37 in the next quarter and is forecasted to reach -0.63 in one year’s time.
Technical Analysis of Canopy Growth Corporation (CGC)
Analysing the last 5-days average volume posted by the [Canopy Growth Corporation, CGC], we can find that recorded value of 6.4 million was lower than the volume posted last year of 7.42 million. As of the previous 9 days, the stock’s Stochastic %D was 24.71%. Additionally, its Average True Range was 0.23.
During the past 100 days, Canopy Growth Corporation’s (CGC) raw stochastic average was set at 2.64%, which indicates a significant decrease from 10.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.70% in the past 14 days, which was lower than the 76.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.95, while its 200-day Moving Average is $6.20. Now, the first resistance to watch is $2.88. This is followed by the second major resistance level at $2.99. The third major resistance level sits at $3.10. If the price goes on to break the first support level at $2.67, it is likely to go to the next support level at $2.56. Now, if the price goes above the second support level, the third support stands at $2.45.
Canopy Growth Corporation (NASDAQ: CGC) Key Stats
The company with the Market Capitalisation of 274.30 million has total of 108,943K Shares Outstanding. Its annual sales at the moment are 220,270 K in contrast with the sum of -487,230 K annual income. Company’s last quarter sales were recorded 46,170 K and last quarter income was -94,040 K.
