Canopy Growth Corp (TSE:WEED – Get Free Report) Director David Angelo Lazzarato sold 22,380 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of C$1.29, for a total transaction of C$28,870.20. Following the sale, the director directly owned 108,237 shares in the company, valued at approximately C$139,625.73. The trade was a 17.13% decrease in their ownership of the stock.
Canopy Growth Stock Performance
Shares of WEED stock opened at C$1.26 on Friday. The firm has a 50 day moving average of C$1.34 and a two-hundred day moving average of C$1.40. The stock has a market capitalization of C$533.03 million, a PE ratio of -1.88, a P/E/G ratio of -0.01 and a beta of 1.63. The company has a quick ratio of 2.32, a current ratio of 3.04 and a debt-to-equity ratio of 40.27. Canopy Growth Corp has a 52 week low of C$1.18 and a 52 week high of C$3.28.
Canopy Growth (TSE:WEED – Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$81.17 million during the quarter. Canopy Growth had a negative net margin of 73.95% and a negative return on equity of 29.85%. On average, research analysts predict that Canopy Growth Corp will post -0.69 EPS for the current fiscal year.
Analyst Ratings Changes
Read Our Latest Stock Report on Canopy Growth
About Canopy Growth
Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands.
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