Indivior, Gibraltar Industries, Turning Point Brands, Innovative Industrial Properties, Canopy Growth, Quantum Biopharma, and Aurora Cannabis are the seven Cannabis stocks to watch today, according to MarketBeat's stock screener tool. Cannabis stocks are shares of publicly traded companies involved in the cultivation, processing, distribution or sale of cannabis and related products. Investors buy and sell these stocks to gain exposure to the legal cannabis market, which includes medical, recreational and industrial hemp sectors. Their performance is influenced by factors such as regulatory changes, market demand and industry competition. These companies had the highest dollar trading volume of any Cannabis stocks within the last several days.
Indivior (INDV)
Indivior PLC, together with its subsidiaries, engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and co-occurring disorders in the United States, the United Kingdom, and internationally. The company develops medicines to treat substance use disorders, serious mental illnesses, and opioid overdose.
NASDAQ INDV traded up $0.26 on Friday, reaching $13.95. The company's stock had a trading volume of 20,707,817 shares, compared to its average volume of 1,202,150. Indivior has a twelve month low of $7.33 and a twelve month high of $16.24. The stock has a market cap of $1.89 billion, a PE ratio of -45.00 and a beta of 0.66. The firm's 50 day moving average is $12.14 and its two-hundred day moving average is $11.13.
Read Our Latest Research Report on INDV
Gibraltar Industries (ROCK)
Gibraltar Industries, Inc. manufactures and provides products and services for the renewable energy, residential, agtech, and infrastructure markets in the United States and internationally. It operates through four segments: Renewables, Residential, Agtech, and Infrastructure. The Renewables segment designs, engineers, manufactures, and installs solar racking and electrical balance of systems for commercial and distributed generation scale solar installations.
NASDAQ ROCK traded up $0.42 on Friday, reaching $60.73. The company's stock had a trading volume of 565,057 shares, compared to its average volume of 232,888. Gibraltar Industries has a twelve month low of $48.96 and a twelve month high of $81.90. The stock has a market cap of $1.79 billion, a PE ratio of 13.96 and a beta of 1.34. The firm's 50 day moving average is $58.16 and its two-hundred day moving average is $59.84.
Read Our Latest Research Report on ROCK
Turning Point Brands (TPB)
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and Creative Distribution Solutions. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand.
NYSE TPB traded up $2.00 on Friday, reaching $76.47. The company's stock had a trading volume of 407,724 shares, compared to its average volume of 189,131. Turning Point Brands has a twelve month low of $31.69 and a twelve month high of $81.25. The company has a debt-to-equity ratio of 1.44, a quick ratio of 2.64 and a current ratio of 4.42. The stock has a market cap of $1.37 billion, a PE ratio of 33.54 and a beta of 0.76. The firm's 50 day moving average is $70.57 and its two-hundred day moving average is $64.19.
Read Our Latest Research Report on TPB
Innovative Industrial Properties (IIPR)
IIPR stock traded down $0.67 during mid-day trading on Friday, reaching $57.26. 434,111 shares of the stock traded hands, compared to its average volume of 280,081. The company has a current ratio of 10.73, a quick ratio of 10.73 and a debt-to-equity ratio of 0.15. Innovative Industrial Properties has a 52-week low of $45.44 and a 52-week high of $138.35. The company has a market cap of $1.60 billion, a P/E ratio of 11.01 and a beta of 1.70. The stock's fifty day moving average is $55.58 and its 200-day moving average is $64.13.
Read Our Latest Research Report on IIPR
Canopy Growth (CGC)
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments.
CGC stock traded down $0.02 during mid-day trading on Friday, reaching $1.22. 6,382,191 shares of the stock traded hands, compared to its average volume of 6,230,850. The company has a current ratio of 3.12, a quick ratio of 2.10 and a debt-to-equity ratio of 0.62. Canopy Growth has a 52-week low of $0.77 and a 52-week high of $8.65. The company has a market cap of $224.32 million, a P/E ratio of -0.30 and a beta of 0.75. The stock's fifty day moving average is $1.43 and its 200-day moving average is $1.70.
Read Our Latest Research Report on CGC
Quantum Biopharma (QNTM)
Quantum Biopharma Ltd. is a biotechnology pharmaceutical research and development company, which focuses on the cultivation, process, and sale of medical cannabis. It operates through the Biotechnology and Strategic Investments segments. The Biotechnology segment is involved in the research and development of the company's three drug candidates consisting of FSD-PEA, Lucid-PSYCH, and Lucid-MS.
QNTM stock traded up $0.60 during mid-day trading on Friday, reaching $21.72. 297,615 shares of the stock traded hands, compared to its average volume of 937,409. Quantum Biopharma has a 52-week low of $2.70 and a 52-week high of $38.25. The company has a market cap of $63.21 million, a P/E ratio of -1.36 and a beta of 0.55. The stock's fifty day moving average is $13.61 and its 200-day moving average is $8.34.
Read Our Latest Research Report on QNTM
Aurora Cannabis (ACB)
Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.
ACB stock traded down $0.11 during mid-day trading on Friday, reaching $4.15. 1,287,822 shares of the stock traded hands, compared to its average volume of 1,568,456. The company has a current ratio of 4.31, a quick ratio of 2.16 and a debt-to-equity ratio of 0.13. Aurora Cannabis has a 52-week low of $3.42 and a 52-week high of $7.20. The company has a market cap of $233.27 million, a P/E ratio of 37.73 and a beta of 1.82. The stock's fifty day moving average is $5.03 and its 200-day moving average is $4.73.
Read Our Latest Research Report on ACB
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Indivior, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Indivior wasn't on the list.
While Indivior currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
