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Canopy Growth Stock Went Down By Over 20% In The Last 10 Sessions

(VIANEWS) – Shares of Canopy Growth (NASDAQ: CGC) fell by a staggering 20.56% in 10 sessions from $1.07 at 2023-05-23, to $0.85 at 20:42 EST on Tuesday, after five successive sessions in a row of losses. NASDAQ is rising 0.32% to $13,017.43, after three successive sessions in a row of gains.

Canopy Growth’s last close was $0.85, 87.55% below its 52-week high of $6.83.

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 $-4.41.

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 -112%.

Yearly Top and Bottom Value

Canopy Growth’s stock is valued at $0.85 at 20:42 EST, way under its 52-week low of $1.43.

Volatility

Canopy Growth’s last week, last month’s, and last quarter’s current intraday variation average was a negative 9.78%, a negative 2.16%, and a positive 3.22%.

Canopy Growth’s highest amplitude of average volatility was 9.78% (last week), 5.10% (last month), and 3.22% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth declined by 28.2%, now sitting on 440.96M for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Canopy Growth’s EBITDA is -12.41.

More news about Canopy Growth (CGC).

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