Canopy Growth Corp (CGC) Stock Falls -13.5% This Week; What’s Next?

 

Canopy Growth Corp (CGC) stock is down -13.5% this week and is lower by -11.37% over the last 12 months. The average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives CGC stock a score of 36 out of a possible 100.

That score is primarily influenced by a short-term technical score of 13. CGC’s score also includes a long-term technical score of 35. The fundamental score for CGC is 60. In addition to the average rating from Wall Street analysts, CGC stock has a mean target price of $53.02. This means analysts expect the stock to climb 86.30% over the next 12 months.

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 is up 4.1% while the S&P 500 is up 1.36% as of 10:58 AM on Friday, Aug 16. CGC is up $1.12 from the previous closing price of $27.34 on volume of 2,064,423 shares. Over the past year the S&P 500 has gained 2.41% while CGC is down -11.37%. CGC lost -$1.79 per share in the over the last 12 months.

Symbols: CGC

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