The 12 rating InvestorsObserver gives to Canopy Growth Corp (CGC) stock puts it near the bottom of the Healthcare sector.
In addition to scoring higher than 18 percent of stocks in the Healthcare sector, CGC’s 12 overall rating means the stock scores better than 12 of all stocks.
What do These Ratings Mean?
Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 12 means the stock is more attractive than 12 percent of stocks.
Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style.
Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.
What's Happening With Canopy Growth Corp Stock Today?
Canopy Growth Corp (CGC) stock is down -1.92% while the S&P 500 has gained 0.14% as of 1:12 PM on Thursday, Jun 25. CGC has fallen -$0.32 from the previous closing price of $16.71 on volume of 1,731,506 shares. Over the past year the S&P 500 has gained 4.83% while CGC has fallen -58.75%. CGC lost -$1.79 per share the over the last 12 months.
