The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Cronos Group Inc (NASDAQ: CRON) closed at $2.45 in the last session, up 1.24% from day before closing price of $2.42. In other words, the price has increased by $1.24 from its previous closing price. On the day, 1.11 million shares were traded. CRON stock price reached its highest trading level at $2.53 during the session, while it also had its lowest trading level at $2.4.
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 736.95. For the most recent quarter (mrq), Quick Ratio is recorded 27.28 and its Current Ratio is at 28.19. 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 935926976 and an Enterprise Value of 79496384. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.06 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 0.854 whereas that against EBITDA is -1.2.
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 -2.79%, while the 200-Day Moving Average is calculated to be 10.06%.
Shares Statistics:
According to the various share statistics, CRON traded on average about 2.11M shares per day over the past 3-months and 943630 shares per day over the past 10 days. A total of 381.30M shares are outstanding, with a floating share count of 200.04M. Insiders hold about 47.63% of the company’s shares, while institutions hold 13.21% stake in the company. Shares short for CRON as of 1719532800 were 5641305 with a Short Ratio of 2.68, compared to 1717113600 on 5241306. Therefore, it implies a Short% of Shares Outstanding of 5641305 and a Short% of Float of 2.8199999.
