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After finishing at $2.55 in the prior trading day, Cronos Group Inc (NASDAQ: CRON) closed at $2.53, down -0.78%. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 1.14 million shares were traded. CRON stock price reached its highest trading level at $2.59 during the session, while it also had its lowest trading level at $2.48.
Ratios:
Our goal is to gain a better understanding of CRON by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 23.53 and its Current Ratio is at 24.65. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, Bernstein on November 02, 2022, initiated with a Mkt Perform rating and assigned the stock a target price of $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRON now has a Market Capitalization of 968837120 and an Enterprise Value of 184348160. As of this moment, Cronos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.44 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 1.415 whereas that against EBITDA is -8.869.
Stock Price History:
The Beta on a monthly basis for CRON is 1.16, which has changed by 0.17129624 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, CRON has reached a high of $3.16, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -0.87%, while the 200-Day Moving Average is calculated to be 21.04%.
Shares Statistics:
The stock has traded on average 2.82M shares per day over the past 3-months and 2324830 shares per day over the last 10 days, according to various share statistics. A total of 383.81M shares are outstanding, with a floating share count of 197.90M. Insiders hold about 48.32% of the company’s shares, while institutions hold 13.77% stake in the company. Shares short for CRON as of 1759190400 were 3228634 with a Short Ratio of 1.14, compared to 1756425600 on 2599043. Therefore, it implies a Short% of Shares Outstanding of 3228634 and a Short% of Float of 1.63.
Earnings Estimates
. The current assessment of Cronos Group Inc (CRON) involves the perspectives of 1.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.0, with high estimates of $0.0 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.07 and -$0.11 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.1, with 2.0 analysts recommending between $0.11 and $0.08.
Revenue Estimates
1 analysts predict $51.31M in revenue for . The current quarter. It ranges from a high estimate of $51.31M to a low estimate of $51.31M. As of . The current estimate, Cronos Group Inc’s year-ago sales were $47.69MFor the next quarter, 1 analysts are estimating revenue of $61.5M. There is a high estimate of $61.5M for the next quarter, whereas the lowest estimate is $61.5M.
A total of 3 analysts have provided revenue estimates for CRON’s current fiscal year. The highest revenue estimate was $203.2M, while the lowest revenue estimate was $176.1M, resulting in an average revenue estimate of $192.91M. In the same quarter a year ago, actual revenue was $169.71MBased on 2 analysts’ estimates, the company’s revenue will be $248.05M in the next fiscal year. The high estimate is $303.49M and the low estimate is $192.6M.
