Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $1.71 in the prior trading day, Canopy Growth Corporation (NASDAQ: CGC) closed at $1.32, down -22.81%. In other words, the price has decreased by -$22.81 from its previous closing price. On the day, 18.32 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CGC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 3.12. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.67.
On November 02, 2022, Bernstein started tracking the stock assigning a Underperform rating and target price of $1.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 31 ’25 when Yanofsky Theresa sold 2,004 shares for $0.92 per share. The transaction valued at 1,844 led to the insider holds 20,199 shares of the business.
Lazzarato David Angelo sold 3,004 shares of CGC for $2,764 on Mar 31 ’25. The Director now owns 22,886 shares after completing the transaction at $0.92 per share. On Mar 31 ’25, another insider, Kruh Willy, who serves as the Director of the company, sold 2,012 shares for $0.92 each. As a result, the insider received 1,851 and left with 9,272 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 0.72.
Stock Price History:
Over the past 52 weeks, CGC has reached a high of $10.04, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is 3.40%, while the 200-Day Moving Average is calculated to be -55.71%.
Shares Statistics:
A total of 183.87M shares are outstanding, with a floating share count of 179.16M. Insiders hold about 0.51% of the company’s shares, while institutions hold 8.46% stake in the company.
