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After finishing at $1.89 in the prior trading day, Cronos Group Inc (NASDAQ: CRON) closed at $1.86, down -1.59%. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 1.15 million shares were traded. CRON stock price reached its highest trading level at $1.9 during the session, while it also had its lowest trading level at $1.86.
Ratios:
Our goal is to gain a better understanding of CRON by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 112.94. For the most recent quarter (mrq), Quick Ratio is recorded 18.17 and its Current Ratio is at 18.84. 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 716414336 and an Enterprise Value of -98360752. As of this moment, Cronos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.55, and their Forward P/E ratio for the next fiscal year is 23.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.05 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at -0.836 whereas that against EBITDA is 2.166.
Stock Price History:
The Beta on a monthly basis for CRON is 1.00, which has changed by -0.11428571 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, CRON has reached a high of $3.14, while it has fallen to a 52-week low of $1.83. The 50-Day Moving Average of the stock is -5.03%, while the 200-Day Moving Average is calculated to be -13.98%.
Shares Statistics:
The stock has traded on average 1.62M shares per day over the past 3-months and 1820830 shares per day over the last 10 days, according to various share statistics. A total of 382.53M shares are outstanding, with a floating share count of 200.34M. Insiders hold about 47.63% of the company’s shares, while institutions hold 12.51% stake in the company. Shares short for CRON as of 1740700800 were 4542655 with a Short Ratio of 2.54, compared to 1738281600 on 3773524. Therefore, it implies a Short% of Shares Outstanding of 4542655 and a Short% of Float of 2.26.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
