On Tuesday, Canopy Growth Corporation (NASDAQ: CGC) opened lower -7.11% from the last session, before settling in for the closing price of $2.39. Price fluctuations for CGC have ranged from $2.35 to $14.92 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 11.89% over the last five years. Company’s average yearly earnings per share was noted 59.65% at the time writing. With a float of $97.95 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
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. 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) 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 59.65% per share during the next fiscal year.
Canopy Growth Corporation (NASDAQ: CGC) Trading Performance Indicators
Check out the current performance indicators for Canopy Growth Corporation (CGC). In the past 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 1.06.
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 6.07 million was lower than the volume posted last year of 6.58 million. As of the previous 9 days, the stock’s Stochastic %D was 6.37%. Additionally, its Average True Range was 0.21.
During the past 100 days, Canopy Growth Corporation’s (CGC) raw stochastic average was set at 0.70%, which indicates a significant decrease from 3.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.53% in the past 14 days, which was lower than the 75.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.51, while its 200-day Moving Average is $6.07. Now, the first resistance to watch is $2.36. This is followed by the second major resistance level at $2.49. The third major resistance level sits at $2.58. If the price goes on to break the first support level at $2.14, it is likely to go to the next support level at $2.05. Now, if the price goes above the second support level, the third support stands at $1.92.
Canopy Growth Corporation (NASDAQ: CGC) Key Stats
There are currently 108,943K shares outstanding in the company with a market cap of 219.05 million. Presently, the company’s annual sales total 220,270 K according to its annual income of -487,230 K. Last quarter, the company’s sales amounted to 46,170 K and its income totaled -94,040 K.
