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As of close of business last night, Cronos Group Inc’s stock clocked out at $2.39, up 1.27% from its previous closing price of $2.36. In other words, the price has increased by $1.27 from its previous closing price. On the day, 0.53 million shares were traded. CRON stock price reached its highest trading level at $2.41 during the session, while it also had its lowest trading level at $2.335.
Ratios:
To gain a deeper understanding of CRON’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 67.78. For the most recent quarter (mrq), Quick Ratio is recorded 27.41 and its Current Ratio is at 28.29. 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 913651584 and an Enterprise Value of 63932932. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.98 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.628 whereas that against EBITDA is -1.039.
Stock Price History:
Over the past 52 weeks, CRON has reached a high of $3.14, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is 1.59%, while the 200-Day Moving Average is calculated to be 4.52%.
Shares Statistics:
It appears that CRON traded 1.04M shares on average per day over the past three months and 1102760 shares per day over the past ten days. A total of 381.30M shares are outstanding, with a floating share count of 199.95M. Insiders hold about 47.70% of the company’s shares, while institutions hold 12.88% stake in the company. Shares short for CRON as of 1722384000 were 5193660 with a Short Ratio of 5.02, compared to 1719532800 on 5641305. Therefore, it implies a Short% of Shares Outstanding of 5193660 and a Short% of Float of 2.5899999.
Earnings Estimates
A detailed examination of Cronos Group Inc (CRON) is currently in progress, with 3.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.01, with high estimates of $0.0 and low estimates of -$0.02.
Analysts are recommending an EPS of between -$0.02 and -$0.21 for the fiscal current year, implying an average EPS of -$0.1. EPS for the following year is -$0.02, with 3.0 analysts recommending between $0.05 and -$0.12.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $29.35M. There is a high estimate of $30.5M for the next quarter, whereas the lowest estimate is $28.21M.
A total of 4 analysts have provided revenue estimates for CRON’s current fiscal year. The highest revenue estimate was $116.25M, while the lowest revenue estimate was $99M, resulting in an average revenue estimate of $109.29M. In the same quarter a year ago, actual revenue was $87.24MBased on 3 analysts’ estimates, the company’s revenue will be $129.1M in the next fiscal year. The high estimate is $139.9M and the low estimate is $114.18M.
