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The price of Cronos Group Inc (NASDAQ: CRON) closed at $2.41 in the last session, up 2.55% from day before closing price of $2.35. In other words, the price has increased by $2.55 from its previous closing price. On the day, 0.85 million shares were traded. CRON stock price reached its highest trading level at $2.45 during the session, while it also had its lowest trading level at $2.3594.
Ratios:
We take a closer look at CRON’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.35. 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 930828800 and an Enterprise Value of 48641704. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.05 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 0.478 whereas that against EBITDA is -0.791.
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 $1.64. The 50-Day Moving Average of the stock is 2.12%, while the 200-Day Moving Average is calculated to be 5.99%.
Shares Statistics:
According to the various share statistics, CRON traded on average about 1.26M shares per day over the past 3-months and 1277440 shares per day over the past 10 days. A total of 381.30M shares are outstanding, with a floating share count of 200.18M. Insiders hold about 47.63% of the company’s shares, while institutions hold 13.06% stake in the company. Shares short for CRON as of 1722384000 were 5193660 with a Short Ratio of 4.28, compared to 1719532800 on 5641305. Therefore, it implies a Short% of Shares Outstanding of 5193660 and a Short% of Float of 2.5899999.
