Canopy Growth Corporation (NASDAQ: CGC) on Friday, soared 9.43% from the previous trading day, before settling in for the closing price of $0.86. Within the past 52 weeks, CGC’s price has moved between $0.77 and $14.92.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -3.56%. The company achieved an average annual earnings per share of 49.26%. With a float of $154.03 million, this company’s outstanding shares have now reached $154.83 million.
Let’s determine the extent of company efficiency that accounts for 1029 employees. 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) Insider Activity
Observing investor behavior towards Drug Manufacturers – Specialty & Generic industry stocks is more important than anything else. The insider ownership of Canopy Growth Corporation is 0.51%, while institutional ownership is 6.36%. The most recent insider transaction that took place on Mar 31 ’25, was worth 1,844. In this transaction Director of this company sold 2,004 shares at a rate of $0.92, taking the stock ownership to the 20,199 shares. Before that another transaction happened on Mar 31 ’25, when Company’s Director sold 3,004 for $0.92, making the entire transaction worth $2,764. This insider now owns 22,886 shares in total.
Canopy Growth Corporation (CGC) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 49.26% 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 0.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.94, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.73 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 2.94 million, which is a drop from its year-to-date volume of 7.51 million. As of the previous 9 days, the stock’s Stochastic %D was 44.49%. Additionally, its Average True Range was 0.11.
During the past 100 days, Canopy Growth Corporation’s (CGC) raw stochastic average was set at 4.89%, which indicates a significant decrease from 42.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 110.01% in the past 14 days, which was higher than the 92.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3736, while its 200-day Moving Average is $3.8757. However, in the short run, Canopy Growth Corporation’s stock first resistance to watch stands at $0.9683. Second resistance stands at $0.9966. The third major resistance level sits at $1.0532. If the price goes on to break the first support level at $0.8834, it is likely to go to the next support level at $0.8268. Should the price break the second support level, the third support level stands at $0.7985.
Canopy Growth Corporation (NASDAQ: CGC) Key Stats
Market capitalization of the company is 145.54 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.
