In the last trading session, 7.46 million Canopy Growth Corporation (NASDAQ:CGC) shares changed hands as the company’s beta touched 1.37. With the company’s per share price at $7.80 changed hands at -$0.35 or -4.29% during last session, the market valuation stood at $710.66M. CGC’s last price was a discount, traded about -146.15% off its 52-week high of $19.20. The share price had its 52-week low at $2.76, which suggests the last value was 64.62% up since then. When we look at Canopy Growth Corporation’s average trading volume, we note the 3-month average coming to 10.72 million.

Canopy Growth Corporation (NASDAQ:CGC) trade information

Instantly CGC was in red as seen at the end of in last trading. With action -23.38%, the performance over the past five days has been red. The drop to weekly highs of 10.85 subtracted -4.29% to the stock’s daily price. The company’s shares are showing year-to-date upside of 52.64%, with the 5-day performance at -23.38% in the red. However, in the 30-day time frame, Canopy Growth Corporation (NASDAQ:CGC) is 163.51% up.

Canopy Growth Corporation (CGC) estimates and forecasts

Data shows that the Canopy Growth Corporation share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 12.49% over the past 6 months, a 88.52% in annual growth rate that is considerably higher than the industry average of 18.60%. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -76.81%. The 2024 estimates are for Canopy Growth Corporation earnings to increase by 90.94%, but the outlook for the next 5-year period is at 13.28% per year.