Canopy Growth Corporation (NASDAQ: CGC) on Monday, plunged -7.67% from the previous trading day, before settling in for the closing price of $0.99. Within the past 52 weeks, CGC’s price has moved between $0.98 and $14.92.
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Healthcare Sector giant saw their annual sales surged by 11.89% over the last five years. The company achieved an average annual earnings per share of 49.35%. With a float of $154.03 million, this company’s outstanding shares have now reached $154.83 million.
The firm has a total of 1029 workers. Let’s measure their productivity. In terms of profitability, gross margin is 26.8%, operating margin of -43.32%, and the pretax margin is -163.73%.
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 0.52%, while institutional ownership is 6.33%. 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
According to the Wall Street analysts, stocks earnings will be around 49.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 60.04% 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
Canopy Growth Corporation (CGC) is currently performing well based on its current performance indicators. A quick ratio of 2.58 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 0.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.81, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.73 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 6.92 million was lower than the volume posted last year of 8.03 million. As of the previous 9 days, the stock’s Stochastic %D was 5.68%. Additionally, its Average True Range was 0.11.
During the past 100 days, Canopy Growth Corporation’s (CGC) raw stochastic average was set at 0.57%, which indicates a significant decrease from 6.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.78% in the past 14 days, which was lower than the 95.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5935, while its 200-day Moving Average is $4.1539. Now, the first resistance to watch is $0.9660. This is followed by the second major resistance level at $1.0219. The third major resistance level sits at $1.0639. If the price goes on to break the first support level at $0.8681, it is likely to go to the next support level at $0.8261. Now, if the price goes above the second support level, the third support stands at $0.7702.
Canopy Growth Corporation (NASDAQ: CGC) Key Stats
Market capitalization of the company is 140.90 million based on 158,614K outstanding shares. Right now, sales total 220,270 K and income totals -487,230 K. The company made 53,390 K in profit during its latest quarter, and -87,060 K in sales during its previous quarter.
