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Canopy Growth Corporation is currently in a long term downtrend where the price is trading 21.7% below its 200 day moving average.
From a valuation standpoint, the stock is 97.8% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 29.1.
Canopy Growth Corporation's total revenue rose by 23.2% to $153M since the same quarter in the previous year.
Its net income has dropped by 647.6% to $-904M since the same quarter in the previous year.
Finally, its free cash flow grew by 83.4% to $-135M since the same quarter in the previous year.
Based on the above factors, Canopy Growth Corporation gets an overall score of 3/5.
Industry | Drug Manufacturers - Specialty & Generic |
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Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | CA1380351009 |
Sector | Healthcare |
Target Price | 2.2948 |
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Beta | 2.19 |
PE Ratio | None |
Market Cap | 272M |
Dividend Yield | None |
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices. It sells its products under the Tweed, 7ACRES, DOJA, Deep Space, HiWay, Maitri, Twd., Vert, Spectrum Therapeutics, Canopy Medical, Storz & Bickel, Martha Stewart, and Wana brands. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation was incorporated in 2009 and is headquartered in Smiths Falls, Canada.
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