Canopy Growth (CGC) to Release Quarterly Earnings on Friday

Canopy Growth (NASDAQ:CGCGet Free Report) is projected to post its quarterly earnings results before the market opens on Friday, February 7th. Analysts expect Canopy Growth to post earnings of ($0.38) per share and revenue of $69.45 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Canopy Growth Price Performance

Shares of Canopy Growth stock opened at $2.07 on Wednesday. The firm has a market cap of $269.99 million, a PE ratio of -0.42 and a beta of 0.86. Canopy Growth has a twelve month low of $1.85 and a twelve month high of $14.92. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of $2.79 and a 200 day moving average price of $4.36.

Analysts Set New Price Targets

Separately, Atb Cap Markets downgraded Canopy Growth from a “hold” rating to a “strong sell” rating in a research note on Monday, December 16th.

Read Our Latest Report on CGC

Canopy Growth Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History for Canopy Growth (NASDAQ:CGC)

Receive News & Ratings for Canopy Growth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canopy Growth and related companies with MarketBeat.com's FREE daily email newsletter.