On Friday, Canopy Growth Corporation (NASDAQ: CGC) was 2.08% up from the session before settling in for the closing price of $2.88. A 52-week range for CGC has been $2.65 – $14.92.
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Healthcare Sector giant saw their annual sales surged by 11.89% over the last five years. When this article was written, the company’s average yearly earnings per share was at 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) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Canopy Growth Corporation stocks. The insider ownership of Canopy Growth Corporation is 0.74%, while institutional ownership is 9.54%. The most recent insider transaction that took place on Dec 31 ’24, was worth 5,351. In this transaction Director of this company sold 2,004 shares at a rate of $2.67, taking the stock ownership to the 11,284 shares. Before that another transaction happened on Dec 31 ’24, when Company’s Director sold 1,996 for $2.67, making the entire transaction worth $5,329. This insider now owns 22,203 shares in total.
Canopy Growth Corporation (CGC) Earnings and Forecasts
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
You can see what Canopy Growth Corporation (CGC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.41.
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 6.21 million was lower than the volume posted last year of 7.91 million. As of the previous 9 days, the stock’s Stochastic %D was 54.81%. Additionally, its Average True Range was 0.21.
During the past 100 days, Canopy Growth Corporation’s (CGC) raw stochastic average was set at 6.36%, which indicates a significant decrease from 55.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.27% in the past 14 days, which was lower than the 74.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.82, while its 200-day Moving Average is $6.19. Now, the first resistance to watch is $3.00. This is followed by the second major resistance level at $3.06. The third major resistance level sits at $3.12. If the price goes on to break the first support level at $2.88, it is likely to go to the next support level at $2.82. Should the price break the second support level, the third support level stands at $2.76.
Canopy Growth Corporation (NASDAQ: CGC) Key Stats
There are 108,943K outstanding shares of the company, which has a market capitalization of 290.09 million. As of now, sales total 220,270 K while income totals -487,230 K. Its latest quarter income was 46,170 K while its last quarter net income were -94,040 K.
