Canopy Growth Corporation (NASDAQ:CGC)’s traded shares stood at 6.71 million during the last session, with the company’s beta value hitting 1.40. At the close of trading, the stock’s price was $6.49, to imply a decrease of -3.13% or -$0.21 in intraday trading. The CGC share’s 52-week high remains $19.20, putting it -195.84% down since that peak but still an impressive 57.47% since price per share fell to its 52-week low of $2.76. The company has a valuation of $591.30M, with an average of 10.80 million shares over the past 3 months.
Canopy Growth Corporation (NASDAQ:CGC) trade information
After registering a -3.13% downside in the last session, Canopy Growth Corporation (CGC) has traded red over the past five days. The stock hit a weekly high of 9.27, dropping -3.13% in its intraday price action. The 5-day price performance for the stock is -28.84%, and 74.93% over 30 days. With these gigs, the year-to-date price performance is 27.01%.
Canopy Growth Corporation (CGC) estimates and forecasts
Looking at statistics comparing Canopy Growth Corporation share performance against respective industry, we note that the company has outperformed competitors. Canopy Growth Corporation (CGC) shares are -7.29% down over the last 6 months, with its year-to-date growth rate higher than industry average at 88.52% against 18.00%.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -76.81% for the past 5-year period. While 2024 is set for a 90.96% return in earnings, projections for the next 5 years are at 13.28% annually.
CGC Dividends
Canopy Growth Corporation has its next earnings report out between June 20 and June 24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Canopy Growth Corporation has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
