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

Thursday, September 23, 2021 08:14 AM | InvestorsObserver Analysts

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Canopy Growth Corp (CGC) is higher by Thursday morning, with the stock gaining 1.62% in pre-market trading to 14.4. CGC's short-term technical score of 30 indicates that the stock has traded less bullishly over the last month than 70% of stocks on the market. In the Drug Manufacturers - Specialty & Generic industry, which ranks 139 out of 146 industries, CGC ranks higher than 56% of stocks. Canopy Growth Corp has fallen 17.86% over the past month, closing at $17.11 on August 26. During this period of time, the stock fell as low as $13.52 and as high as $18.00. CGC has an average analyst recommendation of Buy. The company has an average price target of $21.60.

CGC has an Overall Score of 36. 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 12. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 88% of the market scoring higher. In the Drug Manufacturers - Specialty & Generic industry which is number 138 by this metric, CGC ranks better than 26% 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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