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

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

Canopy Growth Trading Up 0.5 %

WEED stock traded up C$0.02 during mid-day trading on Monday, reaching C$4.27. The company’s stock had a trading volume of 1,159,371 shares, compared to its average volume of 1,927,998. The company has a market cap of C$362.35 million, a price-to-earnings ratio of -0.54, a price-to-earnings-growth ratio of -0.01 and a beta of 1.79. Canopy Growth Corp has a 12 month low of C$3.74 and a 12 month high of C$20.50. The company has a current ratio of 2.15, a quick ratio of 2.32 and a debt-to-equity ratio of 117.00. The business’s 50 day moving average price is C$5.22 and its 200 day moving average price is C$7.02.

Wall Street Analysts Forecast Growth

Separately, ATB Capital cut Canopy Growth from a “sector perform” rating to an “underperform” rating and dropped their price target for the stock from C$6.00 to C$4.00 in a report on Tuesday, December 17th.

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.