CGC
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Canopy Growth Corporation (CGC) closed at $1.10 as of 2026-02-02, trading 90.6% below its 200-week moving average of $11.74. This places CGC in the extreme value zone. The stock moved further from the line this week, up from -91.0% last week. The 14-week RSI sits at 46, indicating neutral momentum.
Over the past 569 weeks of data, CGC has crossed below its 200-week moving average 8 times. On average, these episodes lasted 42 weeks. Historically, investors who bought CGC at the start of these episodes saw an average one-year return of +170.2%.
With a market cap of $458 million, CGC is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -62.1%. The stock trades at 0.6x book value.
Share count has increased 366.2% over three years, indicating dilution.
Over the past 11 years, a hypothetical investment of $100 in CGC would have grown to $7, compared to $403 for the S&P 500. CGC has returned -21.8% annualized vs 13.5% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: CGC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CGC Crosses Below the Line?
Across 8 historical episodes, buying CGC when it crossed below its 200-week moving average produced an average return of +124.0% after 12 months (median +74.0%), compared to +15.9% for the S&P 500 over the same periods. 88% of those episodes were profitable after one year. After 24 months, the average return was +329.1% vs +36.5% for the index.
Each line shows $100 invested at the moment CGC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CGC has crossed below its 200-week MA 8 times with an average 1-year return of +170.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2015 | Oct 2015 | 32 | 41.6% | +24.6% | -93.5% |
| Nov 2015 | Nov 2015 | 2 | 13.1% | +315.4% | -93.4% |
| Jan 2016 | Feb 2016 | 4 | 3.1% | +296.2% | -94.1% |
| Apr 2016 | Apr 2016 | 2 | 2.0% | +303.0% | -94.2% |
| Nov 2019 | Jan 2020 | 8 | 22.1% | +59.4% | -99.3% |
| Feb 2020 | Feb 2020 | 1 | 5.6% | +118.7% | -99.4% |
| Feb 2020 | Nov 2020 | 36 | 48.4% | +74.4% | -99.4% |
| May 2021 | Ongoing | 249+ | 97.7% | Ongoing | -99.6% |
| Average | 42 | — | +170.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02