(VIANEWS) – Shares of Canopy Growth (NASDAQ: CGC) slid by a staggering 22.9% in 10 sessions from $0.48 at 2023-07-10, to $0.37 at 12:11 EST on Monday, after two consecutive sessions in a row of losses. NASDAQ is rising 0.51% to $14,185.78, following the last session’s downward trend.
Canopy Growth’s last close was $0.38, 91.95% under its 52-week high of $4.77.
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 $-3.16.
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 -151.11%.
Volume
Today’s last reported volume for Canopy Growth is 48387335 which is 149.91% above its average volume of 18594200.
Yearly Top and Bottom Value
Canopy Growth’s stock is valued at $0.37 at 12:11 EST, below its 52-week low of $0.38.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Canopy Growth’s EBITDA is -7.28.
Moving Average
Canopy Growth’s worth is way under its 50-day moving average of $0.79 and way under its 200-day moving average of $2.11.
More news about Canopy Growth (CGC).
