Cronos Group Inc. (TSE:CRON – Get Free Report)’s share price rose 1.1% during mid-day trading on Tuesday . The company traded as high as C$2.71 and last traded at C$2.70. Approximately 65,817 shares changed hands during trading, a decline of 69% from the average daily volume of 211,539 shares. The stock had previously closed at C$2.67.
Cronos Group Stock Up 1.1%
The stock has a market cap of C$712.97 million, a PE ratio of -15.02, a price-to-earnings-growth ratio of 0.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.17, a quick ratio of 24.01 and a current ratio of 24.24. The company’s 50-day moving average price is C$2.62 and its 200 day moving average price is C$2.73.
Cronos Group Company Profile
Cronos Group, headquartered in Toronto, Canada cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach. Although it primarily operates in Canada, Cronos exports medical cannabis to Poland and Germany. In addition, it has entered joint ventures in Israel, Colombia, and Australia to drive further international cultivation and distribution growth.
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