Canopy Growth Corporation (NASDAQ: CGC) on Monday, plunged -1.01% from the previous trading day, before settling in for the closing price of $1.99. Within the past 52 weeks, CGC’s price has moved between $1.96 and $14.92.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 11.89%. The company achieved an average annual earnings per share of 59.90%. With a float of $125.68 million, this company’s outstanding shares have now reached $126.64 million.
Let’s determine the extent of company efficiency that accounts for 1029 employees. 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
Observing investor behavior towards Drug Manufacturers – Specialty & Generic industry stocks is more important than anything else. The insider ownership of Canopy Growth Corporation is 0.76%, while institutional ownership is 6.73%. 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 59.90% per share during the next fiscal year.
Canopy Growth Corporation (NASDAQ: CGC) Trading Performance Indicators
Canopy Growth Corporation (CGC) is currently performing well based on its current performance indicators. A quick ratio of 1.07 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21.
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)
Looking closely at Canopy Growth Corporation (NASDAQ: CGC), its last 5-days average volume was 5.45 million, which is a drop from its year-to-date volume of 5.68 million. As of the previous 9 days, the stock’s Stochastic %D was 24.97%. Additionally, its Average True Range was 0.16.
During the past 100 days, Canopy Growth Corporation’s (CGC) raw stochastic average was set at 3.04%, which indicates a significant decrease from 21.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.92% in the past 14 days, which was lower than the 73.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.9280, while its 200-day Moving Average is $5.6390. However, in the short run, Canopy Growth Corporation’s stock first resistance to watch stands at $2.0433. Second resistance stands at $2.1167. The third major resistance level sits at $2.2133. If the price goes on to break the first support level at $1.8733, it is likely to go to the next support level at $1.7767. Now, if the price goes above the second support level, the third support stands at $1.7033.
Canopy Growth Corporation (NASDAQ: CGC) Key Stats
Market capitalization of the company is 249.48 million based on 130,428K outstanding shares. Right now, sales total 220,270 K and income totals -487,230 K. The company made 46,170 K in profit during its latest quarter, and -94,040 K in sales during its previous quarter.
