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Closing Bell: Canopy Growth Corp down on Friday (WEED)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

In today's trading, Canopy Growth Corp shares closed at $9.14 after opening the day at $9.20. It traded at a low of $8.79 to a high of $9.46.

Shares decreased -2.66% from the previous day's close of $9.39.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Canopy Growth Corp traded under WEED on the Toronto Stock Exchange (TSX).

A total of 865,390 shares was traded during the session, with total trades of 3,326, with an average volume of 1,432,649 over the last 5 days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, WEED.TO has traded as high as $26.00 (September 12,2023) and low as $3.74 (March 14,2024). Moreover, in the last 12 months, Canopy Growth Corp's shares have soared 52.33 percent, while this year, they have advanced 35.21%.

Following today's trading, Canopy Growth Corp has a market capitalization of $715.50 million on a float of 76,198 shares outstanding. Its annual EPS is $-8.79.

Canopy Growth Corp is a TSX Drug Specialty & Generic company headquartered in Smiths Falls, CAN.

Based on 10.00 analysts, Canopy Growth Corp gets an average recommendation of "Moderate Sell" according to Zacks. Currently, there are 1 buy ratings, 5 sell ratings and 4 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..