(VIANEWS) – Shares of Canopy Growth (NASDAQ: CGC) rose by a staggering 35.15% in 21 sessions from $2.4 at 2022-10-21, to $3.24 at 11:47 EST on Monday, after two sequential sessions in a row of losses. NASDAQ is falling 0.03% to $10,471.89, following the last session’s upward trend.
Canopy Growth’s last close was $3.29, 79.39% below its 52-week high of $15.96.
About Canopy Growth
Canopy Growth Corporation and its affiliates are involved in producing, selling, and distributing cannabis-based products for medical and recreational purposes. They do so primarily in Canada and the United States. The company operates in two distinct segments: Global Cannabis and Other Consumer Products. Products include extracts and concentrates of dried cannabis, drinks, gummies and vapes. The company offers products under Tweed, 7ACRES and 7ACRES Craft Collective brands. Tweed Marijuana, Inc. was the company’s previous name. In September 2015, Canopy Growth Corporation took over that title. Canopy Growth Corporation, which was founded in 2009, is located in Smiths Falls in Canada.
Earnings per Share
Canopy Growth’s trailing 12 months profit per share is $-5.239
For the 12 trailing months, the company’s return-on-equity, which is a measure of the profitability of a business relative shareholder equity, was negative at -8.84%.
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