CannTrust Holdings Inc. (NYSE:CTST) Stock Tumbled 19.64% in Premarket

A Healthcare sector firm, CannTrust Holdings Inc. (NYSE:CTST) stock fell -2.76% on Friday and when day-trade ended the stock finally concluded at $4.94 and number of shares that changed hands during the day are 2.01 Million. The number of shares are available for trading in an open market on last trading day are 115.28. The average volume of shares for 3 months is 2862.11 and CTST stock value has moved between $4.33 – 12.05 in last one year.

The CannTrust Holdings Inc. (NYSE:CTST)’s latest earnings date is 8/13/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. CannTrust Holdings Inc. (NYSE:CTST) stock has gained 2.43% in 2019 to date.

CannTrust Holdings Inc. (NYSE:CTST)’s monthly stock performance is -5.73%, the quarterly performance is -32.88%, the half year performance is calculated as -3.99%. The yearly performance of CTST is -18.15%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The CannTrust Holdings Inc. (NYSE:CTST) weekly volatility is measured as 3.69% and monthly volatility measured as 3.89%.

The current share price indicates that stock is -58.74% away from its one year high and is moving 13.56% ahead of its 52-week low. CTST’s distance from 20 day simple moving average is -3.43% and distance from 50-Day simple moving average is -12.71%.

See also  Hot Stock: Walmart Inc. (NYSE:WMT)

Leave a Reply