After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that CANOPY GROWTH CELEBRATES PASSAGE OF CANNABIS LEGALIZATION IN GERMANY.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
The company is listed on the NASDAQ and operates within the Drug Manufacturers – Specialty & Generic industry segment. At the end of the last regular session, the stock closed at $6.20 and fluctuated between $7.97 as its day high and $5.90 as its day low. The current market capitalization of Canopy Growth Corporation is $564.88M. A total of 43.76 million shares were traded on the day, compared to an average of 4.73M shares.
In the most recent transaction, Lazzarato David Angelo sold 3,713 shares of CGC for 6.68 per share on Dec 29 ’23. After the transaction, the Director now owns 17,042 company shares. In a previous transaction on Dec 29 ’23, Yanofsky Theresa sold 3,697 shares at 6.68 per share. CGC shares that Director owns now total 17,501.
Among the insiders who sold shares, Lazzarato David Angelo disposed of 38,502 shares on Nov 20 ’23 at a per-share price of $0.81. This resulted in the Director holding 207,562 shares of CGC after the transaction. In another insider transaction, Yanofsky Theresa sold 38,344 shares at $0.81 per share on Nov 20 ’23. Company shares held by the Director now total 211,991.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CGC has a high of $19.50 and a low of $2.76.
As of this writing, CGC has an earnings estimate of -$0.32 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of -$0.15 per share and a lower estimate of -$0.58. The company reported an EPS of -$3.18 in the last quarter, which was -156.50% lower than expectations of -$1.24.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CGC’s latest balance sheet shows that the firm has $1.37B in Cash & Short Term Investments as of fiscal 2022. There were $1.64B in debt and $213.19M in liabilities at the time. Its Book Value Per Share was $4.98, while its Total Shareholder’s Equity was $3.62B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CGC is Buy with a score of 2.30.
