CGC
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Canopy Growth Corporation (CGC) closed at $0.94 as of 2026-03-20, trading 90.5% below its 200-week moving average of $10.00. This places CGC in the extreme value zone. The stock is currently moving closer to the line, down from -90.1% last week. With a 14-week RSI of 14, CGC is in oversold territory.
Over the past 14 weeks, down-weeks have had more trading volume than up-weeks (0.64 buyers-vs-sellers ratio). That means when people are active, they're more often selling than buying. Sellers are still more in control than buyers.
Over the past 575 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 $424 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 -48.5%. The stock trades at 0.6x book value.
Share count has increased 366.2% over three years, indicating dilution.
Over the past 11.1 years, a hypothetical investment of $100 in CGC would have grown to $6, compared to $379 for the S&P 500. CGC has returned -22.7% annualized vs 12.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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% | -94.4% |
| Nov 2015 | Nov 2015 | 2 | 13.1% | +315.4% | -94.3% |
| Jan 2016 | Feb 2016 | 4 | 3.1% | +296.2% | -94.9% |
| Apr 2016 | Apr 2016 | 2 | 2.0% | +303.0% | -95.0% |
| Nov 2019 | Jan 2020 | 8 | 22.1% | +59.4% | -99.4% |
| Feb 2020 | Feb 2020 | 1 | 5.6% | +118.7% | -99.5% |
| Feb 2020 | Nov 2020 | 36 | 48.4% | +74.4% | -99.5% |
| May 2021 | Ongoing | 255+ | 97.7% | Ongoing | -99.6% |
| Average | 42 | — | +170.2% | — |
Frequently Asked Questions
Is CGC below its 200-week moving average?
Yes. As of 2026-03-20, Canopy Growth Corporation (CGC) is trading 90.5% below its 200-week moving average of $10.00. The current price is $0.94.
What is CGC's 200-week moving average price?
Canopy Growth Corporation's 200-week moving average is $10.00 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CGC drops below its 200-week moving average?
CGC has crossed below its 200-week moving average 8 times in our data. On average, buying at that moment produced a one-year return of +170.2%. These dips have historically been decent entry points. These episodes lasted 42 weeks on average.
Is CGC a good value right now?
Here's what our data says about CGC as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 14 (oversold). Free cash flow is currently negative. Return on equity is -48.5%. Price-to-book is 0.6x. This is not a buy or sell recommendation — always do your own research.
How does CGC compare to the S&P 500?
Over the past 11.1 years, $100 invested in CGC would have grown to $6, compared to $379 for the S&P 500. That's -22.7% annualized vs 12.8% for the index. CGC has underperformed the broader market over this period.
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 week of 2026-03-20