As on Thursday, Canopy Growth Corporation (NASDAQ: CGC) got off with the flyer as it spiked 3.45% to $2.10, before settling in for the price of $2.03 at the close. Taking a more long-term approach, CGC posted a 52-week range of $1.99-$14.92.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Healthcare sector firm’s twelve-monthly sales growth has been 11.89% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 20.88%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 59.90%. This publicly-traded company’s shares outstanding now amounts to $98.67 million, simultaneously with a float of $97.93 million. The organization now has a market capitalization sitting at $207.21 million. At the time of writing, stock’s 50-day Moving Average stood at $3.00, while the 200-day Moving Average is $5.69.
Canopy Growth Corporation (CGC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Drug Manufacturers – Specialty & Generic industry. Canopy Growth Corporation’s current insider ownership accounts for 0.76%, in contrast to 8.65% institutional ownership. According to the most recent insider trade that took place on Dec 31 ’24, this organization’s Director sold 2,004 shares at the rate of 2.67, making the entire transaction reach 5,351 in total value, affecting insider ownership by 11,284. Preceding that transaction, on Dec 31 ’24, Company’s Director sold 1,996 for 2.67, making the whole transaction’s value amount to 5,329. This particular insider is now the holder of 22,203 in total.
Canopy Growth Corporation (CGC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
Canopy Growth Corporation’s EPS increase for this current 12-month fiscal period is 59.90% and is forecasted to reach -0.63 in the upcoming year.
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 1.07. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.00.
In the same vein, CGC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.94, a figure that is expected to reach -0.37 in the next quarter, and analysts are predicting that it will be -0.63 at the market close of one year from today.
Technical Analysis of Canopy Growth Corporation (CGC)
Through scrutinizing the latest numbers posted by the [Canopy Growth Corporation, CGC], it can be observed that its last 5-days Average volume of 5.66 million was lower the volume of 5.67 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 29.19% While, its Average True Range was 0.14.
Raw Stochastic average of Canopy Growth Corporation (CGC) in the period of the previous 100 days is set at 2.89%, which indicates a major fall in contrast to 18.64% 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 54.81% that was lower than 74.55% volatility it exhibited in the past 100-days period.
