Canopy Growth Corp (CGC) Stock Falls -7%: What’s Next?

 

Canopy Growth Corp (CGC) stock is down more than -7% Friday. CGC stock has risen 19.03% over the last 12 months, and 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 40 out of a possible 100.

That score is primarily influenced by a fundamental score of 31. In addition to the average rating from Wall Street analysts, CGC stock has a mean target price of $55.95. This means analysts expect the stock to add 37.84% over the next 12 months. CGC’s score also includes a short-term technical score of 36. The long-term technical score for CGC is 52.

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 lower by -7.14% while the S&P 500 is down -0.02% as of 2:07 PM on Friday, Jun 21. CGC is down -$3.12 from the previous closing price of $43.71 on volume of 10,519,286 shares. Over the past year the S&P 500 is up 6.73% while CGC has risen 19.03%. CGC lost -$1.79 per share in the over the last 12 months.

Symbols: CGC

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