Canopy Growth Corporation is a drug manufacturers-specialty & generic business based in Canada. Canopy Growth Corporation stocks (WEED.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$11.39 – a decrease of 2.32% over the previous week. Canopy Growth Corporation employs 3,259 staff and has a trailing 12-month revenue of around C$568.6 million.
How to buy shares in Canopy Growth Corporation
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- Research the stock. Find the stock by name or ticker symbol – WEED – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
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Is it a good time to buy Canopy Growth Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in Canopy Growth Corporation?
- Has coronavirus impacted Canopy Growth Corporation shares?
- Canopy Growth Corporation shares summary
- Compare share dealing platforms
- Is Canopy Growth Corporation stock a buy or sell?
- Canopy Growth Corporation performance over time
- Canopy Growth Corporation's financials
- How volatile are Canopy Growth Corporation shares?
- Does Canopy Growth Corporation pay a dividend?
- Have Canopy Growth Corporation shares ever split?
- Other common questions
How has Coronavirus impacted Canopy Growth Corporation's stock price?
Since the stock market crash in March caused by coronavirus, Canopy Growth Corporation's stock price has had significant negative movement.
Its last market close was C$10.53, which is 63.58% down on its pre-crash value of C$28.91 and 23.08% down on the lowest point reached during the March crash when the stocks fell as low as C$12.96.
If you had bought C$1,000 worth of Canopy Growth Corporation stocks at the start of February 2020, those stocks would have been worth C$617.33 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$358.55.
Canopy Growth Corporation stock price (TO:WEED)Use our graph to track the performance of WEED stocks over time.
Canopy Growth Corporation shares at a glance
|Latest market close||C$10.53|
|52-week range||C$10.15 - C$71.60|
|50-day moving average||C$13.76|
|200-day moving average||C$22.92|
|Wall St. target price||C$13.79|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||C$-3.43|
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Note: The dollar amounts in the table below are in Canadian dollars.
Canopy Growth Corporation price performance over time
|1 week (2022-01-07)||-2.32%|
|1 month (2021-12-17)||-14.94%|
|3 months (2021-10-15)||-36.26%|
|6 months (2021-07-17)||-63.08%|
|1 year (2021-01-15)||-75.22%|
|2 years (2020-01-16)||-66.75%|
|3 years (2019-01-16)||55.68|
|5 years (2017-01-16)||6.58%|
Canopy Growth Corporation financials
|Revenue TTM||C$568.6 million|
|Gross profit TTM||C$92.9 million|
|Return on assets TTM||-5.84%|
|Return on equity TTM||-22.65%|
|Market capitalisation||C$4.1 billion|
TTM: trailing 12 months
Canopy Growth Corporation share dividends
We're not expecting Canopy Growth Corporation to pay a dividend over the next 12 months.
Have Canopy Growth Corporation's shares ever split?
Canopy Growth Corporation's shares were split on a 1:5 basis on 4 April 2014. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Canopy Growth Corporation shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Canopy Growth Corporation shares which in turn could have impacted Canopy Growth Corporation's share price.
Canopy Growth Corporation share price volatility
Over the last 12 months, Canopy Growth Corporation's shares have ranged in value from as little as C$10.15 up to C$71.6. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Canopy Growth Corporation's is 1.9252. This would suggest that Canopy Growth Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Canopy Growth Corporation overview
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 Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. The company's products include dried cannabis flowers, oils and concentrates, and softgel capsules. It offers its products under the Tweed, Quatreau, Deep Space, Spectrum Therapeutics, First & Free, TWD, This Works, BioSteel, DNA Genetics CraftGrow, Tokyo Smoke, DOJA, Van der Pop, and Bean & Bud brands. The company also provides growth capital and a strategic support platform that pursues investment opportunities in the global cannabis sector. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada and NHL Alumni Association to examine the efficacy of CBD-based therapies as part of the mitigation of persistent post-concussion symptoms. The company was formerly known as Tweed Marijuana Inc.
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