Canopy Growth Corporation (CGC) concluded trading on Wednesday at a closing price of $1.29, with 5.03 million shares of worth about $6.49 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -73.46% during that period and on May 07, 2025 the price saw a gain of about 0.78%. Currently the company’s common shares owned by public are about 154.83M shares, out of which, 154.03M shares are available for trading.
Stock saw a price change of -6.52% in past 5 days and over the past one month there was a price change of 38.64%. Year-to-date (YTD), CGC shares are showing a performance of -52.92% which decreased to -87.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.77 but also hit the highest price of $11.95 during that period. The average intraday trading volume for Canopy Growth Corporation shares is 7.72 million. The stock is currently trading 6.62% above its 20-day simple moving average (SMA20), while that difference is up 11.72% for SMA50 and it goes to -62.24% lower than SMA200.
Canopy Growth Corporation (NASDAQ: CGC) currently have 154.83M outstanding shares and institutions hold larger chunk of about 6.54% of that.
The stock has a current market capitalization of $199.73M and its 3Y-monthly beta is at 0.78. It has posted earnings per share of -$4.94 in the same period. It has Quick Ratio of 2.58 while making debt-to-equity ratio of 0.83. 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 7.03% while standing at 13.55% over the month.
Analysts are in expectations that Canopy Growth Corporation (CGC) stock would likely to be making an EPS of -0.2 in the current quarter, while forecast for next quarter EPS is -0.1 and it is -0.59 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.25 which is -0.15 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 -0.07 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 47.93% while it is estimated to increase by 76.65% in next year. EPS is likely to grow at an annualized rate of 60.04% for next 5-years, compared to annual growth of 20.88% made by the stock over the past 5-years.
Coverage by Bernstein stated Canopy Growth Corporation (CGC) stock as an Underperform in their note to investors on November 02, 2022, suggesting a price target of $1.50 for the stock. Stock get an Underweight rating from Barclays on March 22, 2022.
