What's Going On With Canopy Growth Stock?
What's Going On With Canopy Growth Stock?
Canopy Growth Corporation (NASDAQ:CGC) shares are trading higher Wednesday. The company is set to report earnings before the opening bell on Friday.
週三，Canopy Growth Corporation（納斯達克：CGC）的股票交易較高。該公司將在週五開盤前公佈收益報告。
The Details:
細節：
Canopy Growth will report its first-quarter financial results before the opening bell Friday and will host a conference call to discuss the results at 10:00 a.m. ET the same day. According to estimates from Benzinga Pro, analysts expect the company to report losses of 35 cents per share and quarterly revenue of $53.84 million.
Canopy Growth將在開盤前的週五公佈其第一季度業績，並在同一天上午10:00舉行電話會議討論結果。根據Benzinga Pro的估計，分析師預計該公司每股虧損35美分，季度營業額爲$ 5384萬。
Canadian cannabis peer, Tilray Brands Inc. (NASDAQ:TLRY), beat earnings and revenue expectations for its most recent quarter with cannabis net revenue increasing 12% and total revenue growing approximately 25% year-over-year.
加拿大大麻同行Tilray Brands Inc.（納斯達克股票代碼：TLRY）在最近一季度的大麻淨收入增長了12％，總收入約增長了25％，並且超過了收益和收入預期。
Cannabis stocks have trended higher recently as investors digest political and potential regulatory changes in the United States. Most recently, Vice President Kamala Harris selected Minnesota Gov. Tim Walz as her running-mate, forming the first explicitly pro-cannabis legalization presidential ticket from a major party in U.S. history.
近期大麻股持續上漲，因爲投資者消化美國政治和潛在監管變化。最近，副總統賀錦麗（Kamala Harris）選擇明尼蘇達州州長蒂姆·沃爾茲（Tim Walz）作爲競選搭檔，這是美國曆史上第一個明確支持大麻合法化的總統大選候選人組成的主要黨派。
CGC Stock Prediction 2024:
CGC股票2024年預測：
Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.
華爾街內外的股票研究分析師通常使用盈利增長和基本面研究進行估值和預測。但是，許多交易人員則通過技術面分析來制定股票價格走勢的預測模型。
Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Canopy Growth, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Canopy Growth, the 200-day moving average sits at $6.36, according to Benzinga Pro, which is below the current price of $6.58. For more on charts and trend lines, see a description here.
一些投資者尋找趨勢來幫助預測他們認爲股票未來某個時間點可能交易的價格。通過觀察Canopy Growth，投資者可以使用移動平均線和趨勢線評估股票的長期前景。如果他們相信股票將保持在移動平均線上方，這被認爲是一個看好的信號，他們可以使用趨勢線將這種趨勢推算到未來。對於Canopy Growth，根據Benzinga Pro，200天移動平均線爲6.36美元，低於當前價格6.58美元。有關圖表和趨勢線的更多信息，請參見此處的描述。
Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.
交易員認爲，當股票位於其移動平均線上方時，這是一個普遍的看漲信號，當它跨越下方時，這是一個更消極的信號。如果條件保持穩定，投資者可以使用趨勢線來做出關於股票將在稍後時間交易的猜測。
CGC Price Action: According to Benzinga Pro, Canopy Growth shares are up 1.09% at $6.48 at the time of publication Wednesday.
據Benzinga Pro報道，截至週三發佈時，Canopy Growth股票價格上漲1.09％，爲6.48美元。
Read Also:
閱讀更多：
- Airbnb Shares Fall After Mixed Q2 Results: EPS Miss, Revenue Beats
- 愛彼迎第二季度業績表現不佳，每股收益低於預期，但營業收入高於預期，使股價下跌。
Image: Shutterstock
圖片：shutterstock