Canopy Gwth
(NASDAQ:CGC)
$6.73
-0.25[-3.58%]
At close: Apr 16
$6.73
0[0.00%]
After Hours: 4:52PM EDT
OverviewNewsEarningsGuidanceDividendsAnalyst RatingsInsider TradesShort Interest

Canopy Gwth Stock (NASDAQ:CGC), Quotes and News Summary

Canopy Gwth Stock (NASDAQ: CGC) stock price, news, charts, stock research, profile.

Open$6.670
Close$6.700
Volume / Avg.5.862M / 10.629M
Day Range6.570 - 7.140
52 Wk Range2.755 - 19.200
Market Cap$613.201M
P/E Ratio-
Dividend Yield-
ExchangeNASDAQ
RSI
48
Short Interest
15.61%
Days to Cover1

Recent News

Canopy Is 'Cautiously Optimistic' On Cannabis Rescheduling Following Major Step Toward Entry Into US THC Market
Canopy Growth's shareholders gave a green light to the creation of a new class of exchangeable shares of the company during their special meeting held on Friday, April 12, as recommended earlier by Institutional Shareholder Services (ISS).At the meeting, shareholders passed a special resolution authorizing an amendment to the company's articles of incorporation, as amended, to create and authorize the issuance of an unlimited number of a new class of non-voting and non-participating exchangeable shares in the capital of Canopy Growth.A total of 32,250,578 common shares of Canopy, representing 35.40% of the issued and outstanding shares, were voted in connection with the meeting by the company's shareholders and proxyholders.he move enables the acceleration of Canopy Growth's entry into the U.S. THC market, which is forecasted to hit roughly $50 billion in 2026, the company said on Monday in a press release.
Jelena Martinovic
What's Going On With Canopy Growth Stock?
Canopy Growth announced that its shareholders approved the creation of a new class of Canopy Growth stock at its special meeting of shareholder on Friday. The approval authorizes the issuance of an unlimited number of a new class of non-voting and non-participating exchangeable shares in the capital of Canopy Growth.
Adam Eckert
What's Going On With Weed Stocks Aurora Cannabis And Canopy Growth?
Aurora Cannabis, Inc. and Canopy Growth Corporation shares are trading lower Tuesday in sympathy with Tilray Brands which fell after reporting worse-than-expected third-quarter results. Tilray reported quarterly sales of $188.34 million which, missing the analyst consensus estimate of $198.5 million by 5.12 percent%. The company also said it no longer expects to generate positive adjusted free cash flow for the full fiscal year 2024.
Erica Kollmann
-%

Financials

Quarterly
Annual
Name
Revenue
Change
Gross
Change
EBITDA
Change
EBIT
Change
Earnings
Change
Analyst Rating
12345
1.8
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell
About
Sector
Healthcare
Industry
N/A
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreationa...
Show More

Compare

EPS worse than industry
Earnings Per Share
EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
CGC

FAQ

Q

How do I buy Canopy Gwth (CGC) stock?

A

You can purchase shares of Canopy Gwth (NASDAQ: CGC) through any online brokerage.

View our list of the best stock brokerages.

Q

Who are Canopy Gwth's (CGC) competitors?

A

There are no as such competitors for Canopy Gwth.

Q

What is the target price for Canopy Gwth (CGC) stock?

A

The latest price target for Canopy Gwth (NASDAQ: CGC) was reported by B of A Securities on Friday, September 15, 2023. The analyst firm set a price target for 0.66 expecting CGC to fall to within 12 months (a possible -90.19% downside). 3 analyst firms have reported ratings in the last year.

Q

Current Stock Price for Canopy Gwth (CGC)?

A

The stock price for Canopy Gwth (NASDAQ: CGC) is $6.73 last updated Today at April 16, 2024 at 4:52 PM EDT.

Q

Does Canopy Gwth (CGC) pay a dividend?

A

There are no upcoming dividends for Canopy Gwth.

Q

When is Canopy Gwth (NASDAQ:CGC) reporting earnings?

A

Canopy Gwth’s Q4 earnings are confirmed for Thursday, June 20, 2024.

Q

Is Canopy Gwth (CGC) going to split?

A

There is no upcoming split for Canopy Gwth.

Q

What sector and industry does Canopy Gwth (CGC) operate in?

A

Canopy Gwth is in the Healthcare sector and Drug Manufacturers—Specialty & Generic industry. They are listed on the NASDAQ.