Should You Accumulate Canopy Growth Corp (CGC) Stock Thursday Morning?

Thursday, October 07, 2021 08:33 AM | InvestorsObserver Analysts

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Canopy Growth Corp (CGC) has gained Thursday morning, with the stock rising 0.91% in pre-market trading to 13.3. CGC's short-term technical score of 32 indicates that the stock has traded less bullishly over the last month than 68% of stocks on the market. In the Drug Manufacturers - Specialty & Generic industry, which ranks 138 out of 146 industries, Canopy Growth Corp ranks higher than 61% of stocks. Canopy Growth Corp has fallen 22.33% over the past month, closing at $15.73 on September 9. During this period of time, the stock fell as low as $12.93 and as high as $15.99. CGC has an average analyst recommendation of Buy. The company has an average price target of $19.97.

CGC has an Overall Score of 37. Find out what this means to you and get the rest of the rankings on CGC!
Canopy Growth Corp has a Long-Term Technical rank of 13. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 87% of the market scoring higher. In the Drug Manufacturers - Specialty & Generic industry which is number 139 by this metric, CGC ranks better than 29% of stocks.

Important Dates for Investors in CGC:

-Canopy Growth Corp is set to release earnings on 11/4/2021 -We do not have a set dividend date for Canopy Growth Corp at this time. Click Here To Get The Full Report on Canopy Growth Corp (CGC)

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