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The closing price of Cronos Group Inc (NASDAQ: CRON) was $2.63 for the day, down -2.59% from the previous closing price of $2.7. In other words, the price has decreased by -$2.59 from its previous closing price. On the day, 1.06 million shares were traded. CRON stock price reached its highest trading level at $2.71 during the session, while it also had its lowest trading level at $2.615.
Ratios:
Our analysis of CRON’s different ratios will help us gain a deeper understanding of the company. 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 1007055552 and an Enterprise Value of 234126288. As of this moment, Cronos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.19, and their Forward P/E ratio for the next fiscal year is 30.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.61 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 1.769 whereas that against EBITDA is -17.185.
Stock Price History:
The Beta on a monthly basis for CRON is 0.81, which has changed by 0.37055838 over the last 52 weeks, in comparison to a change of 0.17287207 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 0.15%, while the 200-Day Moving Average is calculated to be 14.46%.
Shares Statistics:
CRON traded an average of 2.22M shares per day over the past three months and 1394550 shares per day over the past ten days. A total of 382.89M shares are outstanding, with a floating share count of 198.06M. Insiders hold about 48.27% of the company’s shares, while institutions hold 14.60% stake in the company. Shares short for CRON as of 1767139200 were 4259554 with a Short Ratio of 1.92, compared to 1764288000 on 3551864. Therefore, it implies a Short% of Shares Outstanding of 4259554 and a Short% of Float of 2.15.
Earnings Estimates
The dynamic stock of Cronos Group Inc (CRON) is currently being evaluated by a team of 1.0 analysts, each contributing to its current rating.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
It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. 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.
