Canopy Growth (TWMJF) Announces Quarterly Earnings Results
Canopy Growth (OTCMKTS:TWMJF) posted its quarterly earnings data on Wednesday. The company reported ($0.11) earnings per share for the quarter, Morningstar.com reports.
Shares of Canopy Growth (OTCMKTS TWMJF) opened at $21.75 on Thursday. The company has a current ratio of 13.16, a quick ratio of 8.43 and a debt-to-equity ratio of 0.01. Canopy Growth has a 12-month low of $4.90 and a 12-month high of $35.88.
Separately, Canaccord Genuity set a $19.00 price objective on Canopy Growth and gave the company a “hold” rating in a research report on Tuesday, December 19th.
Canopy Growth Corporation, through its subsidiaries, produces and sells medical marijuana in Canada. The company offers dried, oil, and softgel cannabis products. Canopy Growth Corporation also sells its products through online. The company was formerly known as Tweed Marijuana Inc and changed its name to Canopy Growth Corporation in September 2015.
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