Canopy Growth Corp (CGC) Declines -10.28% Over the Past Week: Time to Buy?

 

Canopy Growth Corp (cgc) stock is down 10.28% over the past week and the average rating from Wall Street analysts is a Moderate Buy.

How Does CGC Score?

Stock Score Report, InvestorsObserver’s proprietary scoring system, gives cgc stock a score of 43 out of a possible 100. That score is primarily influenced by a fundamental score of 30. In addition to the average rating from Wall Street analysts, cgc stock has a mean target price of $56.96. This means analysts expect the stock to increase 42.22% over the next 12 months. cgc’s score also includes a short-term technical score of 35. The long-term technical score for cgc is 65.

Click Here to get the full Stock Score Report on Canopy Growth Corp (cgc).

What’s Happening with CGC Stock Today?

Canopy Growth Corp (cgc) stock has risen 3.41% while the S&P 500 is up 1.27% as of 10:58 AM on Tuesday, Jun 4. cgc is up $1.32 from the previous closing price of $38.73 on volume of 1,633,302 shares. Over the past year the S&P 500 is higher by 1.18% while cgc is up 30.67%. cgc lost -$1.79 per share the over the last 12 months.

Symbols: CGC

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