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

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.

The price dipped -2.66 percent 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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 865,390 on 3,326 total trades. On average, Canopy Growth Corp has traded 1,432,649 shares over the last 5-days and 2,382,441 year-to-date.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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%, while they have advanced 35.21% year-to-date.

Following today's trading, Canopy Growth Corp has a market capitalization of $775.58 million on a float of 84,856 shares outstanding. Its annual EPS is $-8.79.

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

Currently, Canopy Growth Corp's consensus rating is "Moderate Sell" based on 10 analysts according to Zacks. From those 10 analysts, 1 have buy ratings, 5 have sell ratings and 4 analysts gave hold ratings.

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..