(VIANEWS) – The NASDAQ opens in less than hour and Canopy Growth‘s pre-market value is already 4.31% down.
Canopy Growth’s last close was $3.71, 82.66% below its 52-week high of $21.40.
The last session, NASDAQ finished with Canopy Growth (CGC) rising 20.45% to $3.71. NASDAQ rose 0.82% to $16,103.45, following the last session’s upward trend on what was a somewhat bullish trend exchanging session.
About Canopy Growth
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. The company's products include dried cannabis flower, extracts and concentrates, beverages, gummies, and vapes. It offers its products under the Tweed, 7ACRES, 7ACRES Craft Collective, DOJA, Ace Valley, Quatreau, Deep Space, First + Free, Surity Pro, Spectrum Therapeutics, Vert, Tokyo Smoke, Twd, Martha Stewart CBD, DNA Genetics, BioSteel, Storz & Bickel, This Works, HiWay, Simple Stash, Whisl, and Truverra brands. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation was incorporated in 2009 and is headquartered in Smiths Falls, Canada.
Earnings Per Share
As for profitability, Canopy Growth has a trailing twelve months EPS of $-15.82.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -121.56%.
Sales Growth
Canopy Growth’s sales growth is negative 17.2% for the ongoing quarter and negative 17.7% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Canopy Growth’s EBITDA is 1.8.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 96.5% and 44.2%, respectively.
Moving Average
Canopy Growth’s value is way under its 50-day moving average of $4.16 and way below its 200-day moving average of $5.71.
More news about Canopy Growth (CGC).
