For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Cronos Group Inc (NASDAQ: CRON) closed at $2.01 down -2.43% from its previous closing price of $2.06. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 0.85 million shares were traded. CRON stock price reached its highest trading level at $2.07 during the session, while it also had its lowest trading level at $2.0.
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 26.75 and its Current Ratio is at 27.80. 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 774692224 and an Enterprise Value of -12947768. As of this moment, Cronos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.22 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at -0.104 whereas that against EBITDA is 0.375.
Stock Price History:
The Beta on a monthly basis for CRON is 1.02, which has changed by -0.17959183 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, CRON has reached a high of $2.50, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 0.54%, while the 200-Day Moving Average is calculated to be 1.81%.
Shares Statistics:
For the past three months, CRON has traded an average of 1.65M shares per day and 1264460 over the past ten days. A total of 385.41M shares are outstanding, with a floating share count of 199.05M. Insiders hold about 48.36% of the company’s shares, while institutions hold 12.53% stake in the company. Shares short for CRON as of 1752537600 were 2532296 with a Short Ratio of 1.54, compared to 1749772800 on 2891923. Therefore, it implies a Short% of Shares Outstanding of 2532296 and a Short% of Float of 1.26.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
