Cronos Group (TSE:CRON) Shares Down 0.5%

Cronos Group Inc. (TSE:CRON)’s stock price traded down 0.5% during trading on Friday . The stock traded as low as C$3.63 and last traded at C$3.64. 229,815 shares were traded during trading, an increase of 3% from the average session volume of 222,905 shares. The stock had previously closed at C$3.66.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein dropped their price objective on shares of Cronos Group from C$2.84 to C$2.82 and set a “market perform” rating on the stock in a report on Tuesday, January 30th.

Cronos Group Price Performance

The stock has a market cap of C$1.39 billion, a price-to-earnings ratio of -14.56, a P/E/G ratio of 0.12 and a beta of 1.12. The company has a debt-to-equity ratio of 0.23, a current ratio of 22.54 and a quick ratio of 24.01. The stock’s 50 day simple moving average is C$3.27 and its two-hundred day simple moving average is C$2.91.

About Cronos Group

Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.