Canopy Growth Corporation (NYSE:CGC) has a beta value of 2.42 and has seen 1,160,302 shares traded in the recent trading session. The company, currently valued at $6.37 Billion, closed the recent trade at $17.1 per share which meant it lost -$0.1 on the day or -0.9% during that session. The CGC stock price is -114.85% off its 52-week high price of $36.74 and 47.37% above the 52-week low of $9. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.61 Million shares traded. The 3-month trading volume is 6.49 Million shares.
Canopy Growth Corporation (NYSE:CGC) trade information
Despite being -1.13% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jul 13 when the CGC stock price touched $18.42- or saw a rise of 6.79%. Year-to-date, Canopy Growth Corporation shares have moved -18.59%, while the 5-day performance has seen it change 4.06%. Over the past 30 days, the shares of Canopy Growth Corporation (NYSE:CGC) have changed 4.06%. Short interest in the company has seen 46.77 Million shares shorted with days to cover at 7.21.
Canopy Growth Corporation (CGC) estimates and forecasts
Over the next 5 years, the company’s earnings are expected to increase by 0%.
Canopy Growth Corporation (NYSE:CGC)’s Major holders
Insiders own 41.62% of the company shares, while shares held by institutions stand at 13.35% with a share float percentage of 22.86%. Investors are also buoyed by the number of investors in a company, with Canopy Growth Corporation having a total of 510 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 5.4 Million shares worth more than $77.88 Million. As of March 30, 2020, Vanguard Group, Inc. (The) held 1.54% of shares outstanding.
The other major institutional holder is ETF Managers Group, LLC, with the holding of over 2.58 Million shares as of March 30, 2020. The firm’s total holdings are worth over $37.23 Million and represent 0.74% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Stock Index-Total Intl Stock Indx and ETF Managers Tr-EFTMG Alternative Harvest ETF. As of April 29, 2020, the former fund manager holds about 0.9% shares in the company for having 3142798 shares of worth $50.28 Million while later fund manager owns 2.58 Million shares of worth $37.23 Million as of March 30, 2020, which makes it owner of about 0.74% of company’s outstanding stock.