Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Canopy Growth Corporation’s stock clocked out at $5.25, down -2.78% from its previous closing price of $5.40. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 6.26 million shares were traded. CGC stock price reached its highest trading level at $5.7199 during the session, while it also had its lowest trading level at $5.2.
Ratios:
To gain a deeper understanding of CGC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.08.
On November 02, 2022, Bernstein started tracking the stock assigning a Underperform rating and target price of $1.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 30 ’24 when Kruh Willy sold 1,995 shares for $4.95 per share. The transaction valued at 9,875 led to the insider holds 13,288 shares of the business.
Yanofsky Theresa sold 1,987 shares of CGC for $9,836 on Sep 30 ’24. The Director now owns 24,199 shares after completing the transaction at $4.95 per share. On Sep 30 ’24, another insider, Mongeau Luc, who serves as the Director of the company, sold 1,995 shares for $4.95 each. As a result, the insider received 9,875 and left with 13,281 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CGC now has a Market Capitalization of 599455488 and an Enterprise Value of 872104128. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 3.038 whereas that against EBITDA is -14.694.
Stock Price History:
Over the past 52 weeks, CGC has reached a high of $14.92, while it has fallen to a 52-week low of $2.76. The 50-Day Moving Average of the stock is 8.55%, while the 200-Day Moving Average is calculated to be -15.69%.
Shares Statistics:
It appears that CGC traded 3.96M shares on average per day over the past three months and 7631060 shares per day over the past ten days. A total of 91.12M shares are outstanding, with a floating share count of 84.10M. Insiders hold about 0.89% of the company’s shares, while institutions hold 9.52% stake in the company. Shares short for CGC as of 1728950400 were 9229011 with a Short Ratio of 2.33, compared to 1726185600 on 7484866. Therefore, it implies a Short% of Shares Outstanding of 9229011 and a Short% of Float of 16.049999.
