Canopy Growth Corp (TSE:WEED) Director David Angelo Lazzarato Sells 3,006 Shares

Canopy Growth Corp (TSE:WEED - Get Free Report) Director David Angelo Lazzarato sold 3,006 shares of the firm's stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of C$3.84, for a total transaction of C$11,557.47.

Canopy Growth Trading Down 1.2 %

Canopy Growth stock traded down C$0.05 during trading on Monday, hitting C$4.20. The company had a trading volume of 1,527,841 shares, compared to its average volume of 2,055,456. Canopy Growth Corp has a 1-year low of C$3.74 and a 1-year high of C$20.50. The company's 50 day simple moving average is C$5.15 and its 200-day simple moving average is C$7.00. The stock has a market cap of C$356.41 million, a price-to-earnings ratio of -0.53, a price-to-earnings-growth ratio of -0.01 and a beta of 1.79. The company has a current ratio of 2.15, a quick ratio of 2.32 and a debt-to-equity ratio of 117.00.

Analyst Ratings Changes

Separately, ATB Capital lowered Canopy Growth from a "sector perform" rating to an "underperform" rating and lowered their price objective for the stock from C$6.00 to C$4.00 in a research report on Tuesday, December 17th.

Canopy Growth Company Profile

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.