CTST - CannTrust Holdings Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
1.5239
-0.0861 (-5.35%)
As of 10:37AM EDT. Market open.
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Previous Close1.6100
Open1.5900
Bid1.5400 x 1800
Ask1.5500 x 1100
Day's Range1.4900 - 1.6000
52 Week Range1.4900 - 11.9740
Volume1,174,567
Avg. Volume4,212,722
Market Cap214.838M
Beta (3Y Monthly)4.62
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • CannTrust Holdings Inc. (CTST) Flat As Market Sinks: What You Should Know
    Zacks

    CannTrust Holdings Inc. (CTST) Flat As Market Sinks: What You Should Know

    In the latest trading session, CannTrust Holdings Inc. (CTST) closed at $1.61, marking no change from the previous day.

  • CannTrust: Eight Capital Removed Its Target Price
    Market Realist

    CannTrust: Eight Capital Removed Its Target Price

    On Tuesday, Eight Capital removed its target price for CannTrust Holdings due to uncertainty about the risks involved in the company's future operations.

  • Is the Options Market Predicting a Spike in CannTrust (CTST) Stock?
    Zacks

    Is the Options Market Predicting a Spike in CannTrust (CTST) Stock?

    Investors need to pay close attention to CannTrust (CTST) stock based on the movements in the options market lately.

  • CannTrust Down Almost 65% in 2019—What’s Next?
    Market Realist

    CannTrust Down Almost 65% in 2019—What’s Next?

    On September 6, CannTrust Holdings (TRST) (CTST) was trading at 2.33 Canadian dollars. This marked a discount of 85% from its 52-week high.

  • Friday the 13th Won’t Be All Bad for Canada Stocks Rejig
    Bloomberg

    Friday the 13th Won’t Be All Bad for Canada Stocks Rejig

    (Bloomberg) -- Air Canada fell as much as 1.5% on Monday after the stock was unexpectedly left out of a reshuffle of the S&P/TSX 60 Index and Kirkland Lake Gold Inc. added instead.Kirkland Lake rose 2.8% at 9:50 a.m. in Toronto after the announcement late Friday; Husky Energy Inc. was removed in the changes. S&P Dow Jones is still set to announce the changes for the TSX composite on Sept. 13.READ MORE: A Hidden Gem May Join The Big Leagues After Canada Index ShuffleThe index changes -- important in the age of passive investing since they drive the composition of exchange traded funds -- may turn out to be the biggest news in what’s expected to be a relatively quiet week. Expect CannTrust Holdings Inc. to be among those ejected from the composite index after it fell beneath its listing price of C$2.50.Kirkland Lake has soared 80% this year amid gold’s safe-haven rally and is up 675% over three years.Air Canada had climbed more than 300% since 2016 and is the best-performing stock in the Bloomberg World Airlines Index this year. The carrier’s performance has been boosted this year by its planned acquisition of tour operator Transat AT, which will accelerate its global presence in the leisure industry.CannTrust, on the flipside, has fallen almost 85% from its 2018 peak. A demotion from the TSX would mean it has spent a mere six months in the index.To be eligible for index inclusion, a stock must have a float-adjusted market cap of greater than 0.04% of the index itself, according to AltaCorp. It should also have a float turnover of more than 0.5 times over the period of the prior year. For a deletion, the stock will have a float weight of less than 0.025% of the index. The measurement period to determine changes is based on volume-weighted trading over the last 10 trading days of August.The conference schmoozefest will continue with Canadian companies presenting across North America: Barclays Global Financial Services Conference, Rodman & Renshaw 21st Annual Global Investment Conference, RBC Global Industrials Conference and BMO Media & Telecom Conference.Here’s a recap of what happened last week:Markets -- Just The NumbersWhile skepticism remains, markets were buoyed by the easing of U.S.-China trade tensions this week. A spate of good economic data up north supported the Bank of Canada’s reluctance to signal a potential interest rate cut when it held interest rates steady. That culminated with a blockbuster 81,100 jobs created last month, Statistics Canada reported Friday. It was the seventh-largest monthly gain in records going back to 1976, and brought gains to 471,300 over the past 12 months, the most in a year since 2003.Chart of The WeekPoliticsPrime Minister Justin Trudeau is expected to kick off Canada’s election campaign over the next week. The federal election is set to take place on Oct. 21.EconomyEconomists will have one eye on August housing starts, expected on Sept. 10, after the Bank of Canada kept rates unchanged in September, in contrast to the rest of the world’s easing trend. Deputy Governor Lawrence Schembri on Thursday noted the domestic economy’s resilience, highlighting the bank’s determination to chart its own course.TrendingInCanada1\. Tennis superstar (and Canadian!) Bianca Andreescu made history and won the US Open in New York last week. And in true Canadian fashion, she apologized to fans of Serena Williams for her win.(Updates with S&P/TSX 60 shuffle announcements, share price)\--With assistance from Madeleine Lim.To contact the reporters on this story: Divya Balji in Toronto at dbalji1@bloomberg.net;Aoyon Ashraf in Toronto at aashraf7@bloomberg.netTo contact the editors responsible for this story: Madeleine Lim at mlim131@bloomberg.net, Jacqueline Thorpe, David ScanlanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Cannabis Roundup: CTST, CRON, OGI, ACB, and WEED
    Market Realist

    Cannabis Roundup: CTST, CRON, OGI, ACB, and WEED

    Cannabis ETFs the ETFMG Alternative Harvest ETF and the Horizons Marijuana Life Sciences Index ETF were up 2.0% and 1.7%, respectively, at 1:20 PM today.

  • 3 Pot Stocks to Avoid Like the Plague in September
    Motley Fool

    3 Pot Stocks to Avoid Like the Plague in September

    These marijuana stocks are unlikely to have investors seeing green in the near term.

  • CannTrust: The Bad News Keeps Pouring In
    Market Realist

    CannTrust: The Bad News Keeps Pouring In

    CannTrust (CTST) was hit with selling pressure this morning as its stock declined almost 5%. However, the overall cannabis sector seems to be positive

  • How Cannabis ETFs HMMJ, MJ, TOKE Looked in August
    Market Realist

    How Cannabis ETFs HMMJ, MJ, TOKE Looked in August

    In the wake of its regulatory scandals, the cannabis sector lagged the equity market in August. YTD, MJ and HMMJ have fallen 3.7% and 1.5%, respectively.

  • Cannabis Legalization: Did President Trump Drop a Hint?
    Market Realist

    Cannabis Legalization: Did President Trump Drop a Hint?

    Cannabis legalization is a hot topic. With the sudden boom in the cannabis industry, legalization at the national level is vital.

  • 3 Top Marijuana Stocks to Watch in September
    Motley Fool

    3 Top Marijuana Stocks to Watch in September

    Intriguing news could be on the way for these three Canadian pot stocks.

  • 5 Cheapest Pot Stocks on the Market Right Now
    Motley Fool

    5 Cheapest Pot Stocks on the Market Right Now

    They're dirt cheap. But are they bargains that investors should consider buying?

  • CannTrust Holdings Inc. (CTST) Stock Sinks As Market Gains: What You Should Know
    Zacks

    CannTrust Holdings Inc. (CTST) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, CannTrust Holdings Inc. (CTST) closed at $1.67, marking a -1.18% move from the previous day.

  • How Long Will CannTrust Fall Before it Becomes Undervalued?
    Motley Fool

    How Long Will CannTrust Fall Before it Becomes Undervalued?

    Investors are wondering how low this maligned pot stock will go before it becomes a good deal.

  • OrganiGram: Lower Target Price and Valuation Multiple
    Market Realist

    OrganiGram: Lower Target Price and Valuation Multiple

    Analysts expect OrganiGram to report revenues of 96.9 million Canadian dollars in fiscal 2019 and 206.5 million Canadian dollars in 2020.

  • Are These 3 Beaten-Down Pot Stocks Bad News Buys?
    Motley Fool

    Are These 3 Beaten-Down Pot Stocks Bad News Buys?

    They've taken a shellacking this year, but could these cannabis stocks now be bargains?

  • Cresco Labs: Target Price and Valuation Multiple
    Market Realist

    Cresco Labs: Target Price and Valuation Multiple

    Coverage on Cresco Labs has increased from seven analysts in July to nine in August. Six analysts favor a “strong buy,” and three recommend a “buy.”

  • HEXO: What Does Jim Cramer Think?
    Market Realist

    HEXO: What Does Jim Cramer Think?

    HEXO reported its third-quarter earnings on June 12. The company reported revenues of $13.0 million, which fell short of analysts’ estimate.

  • Can Marijuana Legalization Spark Beto O’Rourke’s Bid?
    Market Realist

    Can Marijuana Legalization Spark Beto O’Rourke’s Bid?

    Marijuana reform is central to Beto O’Rourke's 2020 presidential campaign—how could his agenda that affect the cannabis industry?

  • 3 Popular Pot Stocks At or Near Their 2019 Lows That Still Aren't Worth Buying
    Motley Fool

    3 Popular Pot Stocks At or Near Their 2019 Lows That Still Aren't Worth Buying

    Despite plunging valuations, these well-known marijuana stocks are worth avoiding.

  • Bloomberg

    CannTrust’s 84% Plunge From Peak Wipes Out Gains Since IPO

    (Bloomberg) -- Exactly two years after its debut, CannTrust Holdings Inc.’s stock has fallen beneath its listing price of C$2.50.The pot company has lost nearly two-thirds of its value since early July when it revealed it had broken Canadian regulations by growing cannabis in unlicensed areas of its greenhouse in Pelham, Ontario, potentially putting its license at risk.The negative headlines have mounted since then. Chief Executive Officer Peter Aceto was fired and Chairman Eric Paul resigned; a joint task force of securities regulators and police is investigating the company for potential “serious violations of the law”; auditor KPMG LLP withdrew its reports on the company’s year-end and first-quarter results; regulators found further breaches at a second facility in Vaughan, Ontario; and Ontario’s cannabis wholesaler is returning C$2.9 million worth of products at the company’s expense.CannTrust has hired Greenhill & Co. to explore potential alternatives including a sale.The stock fell as low as C$2.45 on Wednesday, down 5.8%. If it ends the day at that level, it would be the lowest close since September 2017. Short interest stood at 8% of the public float on Aug. 20, according to IHS Markit data.CannTrust is in the midst of an “organizational transformation, which has included a number of departures and the reassignment of roles and responsibilities,” company spokeswoman Jane Shapiro said in an email Wednesday.It has appointed Dan Hogan, formerly CEO of luggage and handbag retailer eBags Inc., as head of strategic priorities. Ken Doige has been named vice president of security. Doige was previously vice president of compliance and risk management at cannabis retailer Fire & Flower Holdings Corp.To contact the reporter on this story: Kristine Owram in Toronto at kowram@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Morwenna ConiamFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Canopy Growth Falls to Its Lowest Point in 2019
    Market Realist

    Canopy Growth Falls to Its Lowest Point in 2019

    Today, Canopy Growth (WEED) (CGC) stock saw its lowest point in 2019. The stock opened at $28.3 but fell to $26.5 in the afternoon.

  • CannTrust: Why Has the Stock Fallen Today?
    Market Realist

    CannTrust: Why Has the Stock Fallen Today?

    CannTrust Holdings’ (TRST) troubles continue to rise. Today, OCS announced that it will return $2.9 million worth of products to the company.

  • Why Has Curaleaf Lost 13.5% in August?
    Market Realist

    Why Has Curaleaf Lost 13.5% in August?

    As of August 17, Curaleaf Holdings (CURA) (CURLF) was trading at 9.00 Canadian dollars—a fall of 13.5% in August.

  • Cannabis Industry: FBI and FDA Tighten the Screws
    Market Realist

    Cannabis Industry: FBI and FDA Tighten the Screws

    Cannabis companies face regulatory challenges. Recently, CannTrust (CTST) didn't comply with Health Canada’s regulations.