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Is Canopy Growth Corp (CGC) Stock a Top Performer in the Healthcare Sector?

Thursday, May 07, 2020 02:46 PM | InvestorsObserver Analysts

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Is Canopy Growth Corp (CGC) Stock a Top Performer in the Healthcare Sector?

Canopy Growth Corp (CGC) is near the bottom in its sector according to InvestorsObserver.

CGC gets an overall rating of 13. That means it scores higher than 13% of stocks.

Canopy Growth Corp gets a 26 rank in the Healthcare sector. Healthcare is number 1 out of 11 sectors.

Overall Score - 13
CGC has an Overall Score of 13. 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.

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 trading at $15.56 as of 2:43 PM on Thursday, May 7, a rise of $0.19, or 1.24% from the previous closing price of $15.37. The stock has traded between $15.24 and $15.83 so far today. Volume today is below average. So far 2,637,289 shares have traded compared to average volume of 5,460,439 shares.

To see the top 5 stocks in Healthcare click here.

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