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After finishing at $1.61 in the prior trading day, Canopy Growth Corporation (NASDAQ: CGC) closed at $1.63, up 1.24%. In other words, the price has increased by $1.24 from its previous closing price. On the day, 14.13 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 2.58 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.79.
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 Dec 31 ’24 when Kruh Willy sold 2,004 shares for $2.67 per share. The transaction valued at 5,351 led to the insider holds 11,284 shares of the business.
Yanofsky Theresa sold 1,996 shares of CGC for $5,329 on Dec 31 ’24. The Director now owns 22,203 shares after completing the transaction at $2.67 per share. On Dec 31 ’24, another insider, Mongeau Luc, who serves as the Director of the company, sold 2,004 shares for $2.67 each. As a result, the insider received 5,351 and left with 11,277 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.51.
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 $1.58. The 50-Day Moving Average of the stock is -33.43%, while the 200-Day Moving Average is calculated to be -68.42%.
Shares Statistics:
A total of 143.34M shares are outstanding, with a floating share count of 142.52M. Insiders hold about 0.57% of the company’s shares, while institutions hold 6.85% stake in the company.
