Canopy Growth Corporation (CGC)’s latest performance is not what we had anticipated

Canopy Growth Corporation (NASDAQ: CGC) kicked off on Monday, down -4.03%% from the previous trading day, before settling in for the closing price of $1.24. Over the past 52 weeks, CGC has traded in a range of $0.77-$8.65.

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

Annual sales at Healthcare sector company grew by 32.50% over the past five years. While this was happening, its average annual earnings per share was recorded 89.35%. With a float of $178.33 million, this company’s outstanding shares have now reached $183.87 million.

Let’s look at the performance matrix of the company that is accounted for 960 employees. In terms of profitability, gross margin is 25.32%, operating margin of -37.31%, and the pretax margin is -190.15%.

Canopy Growth Corporation (CGC) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Canopy Growth Corporation is 1.69%, while institutional ownership is 8.39%. The most recent insider transaction that took place on Jun 16 ’25, was worth 62,866. In this transaction Chief Financial Officer of this company sold 38,678 shares at a rate of $1.63, taking the stock ownership to the 579,889 shares. Before that another transaction happened on Jun 16 ’25, when Company’s insider sold 9,555 for $1.47, making the entire transaction worth $14,046. This insider now owns 389,945 shares in total.

Canopy Growth Corporation (CGC) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 89.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 63.95% during the next five years compared to 32.50% growth over the previous five years of trading.

Canopy Growth Corporation (NASDAQ: CGC) Trading Performance Indicators

Take a look at Canopy Growth Corporation’s (CGC) current performance indicators. Last quarter, stock had a quick ratio of 2.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.04, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.42 in one year’s time.

Technical Analysis of Canopy Growth Corporation (CGC)

Canopy Growth Corporation (NASDAQ: CGC) saw its 5-day average volume 8.39 million, a positive change from its year-to-date volume of 7.96 million. As of the previous 9 days, the stock’s Stochastic %D was 3.08%.

During the past 100 days, Canopy Growth Corporation’s (CGC) raw stochastic average was set at 19.72%, which indicates a significant increase from 4.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 119.68% in the past 14 days, which was lower than the 126.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.3944, while its 200-day Moving Average is $2.6256. Nevertheless, the first resistance level for the watch stands at $1.2333 in the near term. At $1.2767, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3133. If the price goes on to break the first support level at $1.1533, it is likely to go to the next support level at $1.1167. Assuming the price breaks the second support level, the third support level stands at $1.0733.

Canopy Growth Corporation (NASDAQ: CGC) Key Stats

The company with the Market Capitalisation of 215.88 million has total of 183,865K Shares Outstanding. Its annual sales at the moment are 193,330 K in contrast with the sum of -429,870 K annual income. Company’s last quarter sales were recorded 45,380 K and last quarter income was -155,870 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.