Canopy Growth Corporation (CGC) concluded trading on Wednesday at a closing price of $3.52, with 3.98 million shares of worth about $14.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.67% during that period and on Wednesday the price saw a gain of about 0.86%. Currently the company’s common shares owned by public are about 91.11M shares, out of which, 91.04M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 40 times over the past 12 months. They bought 106,109,614 shares in 21 of the transactions. In 19 selling transactions, insiders dumped 100,291,170 shares.
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However, the stock later moved at a day high price of 3.6200, or with a gain of 0.86%. Stock saw a price change of -18.52% in past 5 days and over the past one month there was a price change of -26.67%. Year-to-date (YTD), CGC shares are showing a performance of -31.12% which decreased to -84.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.41 but also hit the highest price of $25.40 during that period. The average intraday trading volume for Canopy Growth Corporation shares is 3.05 million. The stock is currently trading -21.13% below its 20-day simple moving average (SMA20), while that difference is down -30.96% for SMA50 and it goes to -45.18% lower than SMA200.
Canopy Growth Corporation (NASDAQ: CGC) currently have 91.11M outstanding shares and institutions hold larger chunk of about 7.69% of that.
The stock has a current market capitalization of $320.71M and its 3Y-monthly beta is at 1.26. It has posted earnings per share of -$16.06 in the same period. It has Quick Ratio of 1.40 while making debt-to-equity ratio of 1.27. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CGC, volatility over the week remained 9.62% while standing at 7.59% over the month.
Analysts are in expectations that Canopy Growth Corporation (CGC) stock would likely to be making an EPS of $Kinross Gold Corporation in the current quarter, while forecast for next quarter EPS is $4.99 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Chemours Company (The) which is $The Carlyle Group Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Centene Corporation in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 92.03% while it is estimated to increase by 83.48% in next year. EPS is likely to grow at an annualized rate of 13.28% for next 5-years, compared to annual growth of -76.81% made by the stock over the past 5-years.
