For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Cronos Group Inc (NASDAQ: CRON) closed at $2.96 down -0.34% from its previous closing price of $2.97. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 3.42 million shares were traded. CRON stock price reached its highest trading level at $3.06 during the session, while it also had its lowest trading level at $2.89.
Ratios:
For a deeper understanding of Cronos Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 21.28 and its Current Ratio is at 22.45. 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 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 1133416064 and an Enterprise Value of 360481056. As of this moment, Cronos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.56 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 2.724 whereas that against EBITDA is -26.459.
Stock Price History:
The Beta on a monthly basis for CRON is 0.67, which has changed by 0.47263682 over the last 52 weeks, in comparison to a change of 0.14402747 over the same period for the S&P500. Over the past 52 weeks, CRON has reached a high of $3.43, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 15.35%, while the 200-Day Moving Average is calculated to be 32.62%.
Shares Statistics:
For the past three months, CRON has traded an average of 2.62M shares per day and 6643910 over the past ten days. A total of 382.89M shares are outstanding, with a floating share count of 198.06M. Insiders hold about 48.25% of the company’s shares, while institutions hold 14.61% stake in the company. Shares short for CRON as of 1764288000 were 3551864 with a Short Ratio of 1.36, compared to 1761868800 on 3162886. Therefore, it implies a Short% of Shares Outstanding of 3551864 and a Short% of Float of 1.79.
Earnings Estimates
The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.03, with high estimates of $0.03 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.07 and -$0.01 for the fiscal current year, implying an average EPS of $0.03. EPS for the following year is $0.11, with 2.0 analysts recommending between $0.11 and $0.11.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $56.75M this quarter.It ranges from a high estimate of $56.75M to a low estimate of $56.75M. As of. The current estimate, Cronos Group Inc’s year-ago sales were $43.72MFor the next quarter, 1 analysts are estimating revenue of $65.47M. There is a high estimate of $65.47M for the next quarter, whereas the lowest estimate is $65.47M.
A total of 2 analysts have provided revenue estimates for CRON’s current fiscal year. The highest revenue estimate was $197.93M, while the lowest revenue estimate was $180.94M, resulting in an average revenue estimate of $189.43M. In the same quarter a year ago, actual revenue was $169.71MBased on 2 analysts’ estimates, the company’s revenue will be $247.74M in the next fiscal year. The high estimate is $297.58M and the low estimate is $197.9M.
