Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Canopy Growth Corporation’s current trading price is -86.69% away from its 52-week high, while its distance from the 52-week low is 1.30%. The stock’s price range over this period has fluctuated between $1.96 and $14.92. The company, operating within the financial sector, had a trading volume of approximately 4.38 million for the day, which was noticeably lower than the average daily share volume of 5.79 million over the last 3 months.
Canopy Growth Corporation ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $14.92 on 04/30/24, while the lowest value for the same period was recorded at $1.96 on 02/03/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Canopy Growth Corporation (CGC) has experienced a quarterly decline of -59.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 251.44M and boasts a workforce of 1029 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.7358, with a change in price of -2.8470. Similarly, Canopy Growth Corporation recorded 5,389,622 in trading volume during the last 100 days, posting a change of -58.70%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CGC stands at 1.20. Similarly, the long-term debt-to-equity ratio is also 0.85.
CGC Stock Stochastic Average
Today, Canopy Growth Corporation’s raw stochastic average for the past 50 days stands at 5.25%, indicating a decline from the raw stochastic average of the last 20 days, which was 10.43%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 7.77% and 7.21% respectively.
CGC Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -27.54% this year. Over the last six months, there has been a stronger performance of -70.67%. The price of CGC leaped by -27.54% during the last 30 days period. For the last 5-days stocks have slided -5.00%.
