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Healthcare Analysis: Where Does Canopy Growth Corp (CGC) Stock Rank in its Sector?

Wednesday, April 15, 2020 01:04 PM | InvestorsObserver Analysts

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Healthcare Analysis: Where Does Canopy Growth Corp (CGC) Stock Rank in its Sector?

Canopy Growth Corp (CGC) is around the bottom of the Healthcare sector according to InvestorsObserver.

CGC received an overall rating of 12, which means that it scores higher than 12% of stocks. Additionally, Canopy Growth Corp scored a 23 in the Healthcare sector, ranking it higher than 23% of stocks in that sector.

Overall Score - 12
CGC has an Overall Score of 12. Find out what this means to you and get the rest of the rankings on CGC!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies in the healthcare sector can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the best stocks in that sector.

This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in the healthcare sector with relative ease.

These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Canopy Growth Corp Stock Today?

Canopy Growth Corp (CGC) stock is trading at $14.66 as of 12:49 PM on Wednesday, Apr 15, a decline of -$0.74, or -4.81% from the previous closing price of $15.40. The stock has traded between $14.57 and $15.38 so far today. Volume today is less active than usual. So far 2,279,373 shares have traded compared to average volume of 6,132,304 shares.

To see the top 5 stocks in Healthcare click here.

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