Canopy Growth Corporation saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $14.92 on 04/30/24, while the lowest price for the same duration was marked at $1.85 on 02/03/25.
52-week price history of CGC Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Canopy Growth Corporation’s current trading price is -86.46% away from its 52-week high, while its distance from the 52-week low is 9.19%. The stock’s price range during the 52-week period has remained between $1.85 and $14.92. In the Healthcare sector, the company’s shares saw a trading volume of around 22.87 million for the day, which was evidently higher than the average daily volume of 6.37 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Canopy Growth Corporation (CGC) has experienced a quarterly decline of -63.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 255.81M and boasts a workforce of 1029 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.64, with a change in price of -2.77. Similarly, Canopy Growth Corporation recorded 6,227,857 in trading volume during the last 100 days, posting a change of -57.83%.
Examining CGC’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CGC stands at 0.83. Similarly, the long-term debt-to-equity ratio is also 0.79.
CGC Stock Stochastic Average
As of today, Canopy Growth Corporation’s raw stochastic average for the last 50 days stands at 7.09%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 16.19%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 54.98% and 46.64%, respectively.
CGC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -26.28% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -68.39%. Over the past 30 days, the price of CGC has leaped by -29.62%. And in the last five days, it has surged by 1.51%.
