Quarterly Metrics: Quick and Current Ratios for Canopy Growth Corporation (CGC)

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 5.88 million shares were traded. CGC stock price reached its highest trading level at $1.97 during the session, while it also had its lowest trading level at $1.84.

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 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:

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 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:

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 327359328 and an Enterprise Value of 584132992. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 2.111 whereas that against EBITDA is -11.544.

Stock Price History:

The Beta on a monthly basis for CGC is 0.83, which has changed by -0.4661017 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, CGC has reached a high of $14.92, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is -27.38%, while the 200-Day Moving Average is calculated to be -64.76%.

Shares Statistics:

It appears that CGC traded 6.55M shares on average per day over the past three months and 13705470 shares per day over the past ten days. A total of 143.34M shares are outstanding, with a floating share count of 142.51M. Insiders hold about 0.57% of the company’s shares, while institutions hold 7.04% stake in the company. Shares short for CGC as of 1738281600 were 9525210 with a Short Ratio of 1.45, compared to 1735603200 on 8163868. Therefore, it implies a Short% of Shares Outstanding of 9525210 and a Short% of Float of 9.36.

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