Cronos Group Inc. (TSE:CRON – Get Free Report) traded down 4% during trading on Wednesday . The stock traded as low as C$3.36 and last traded at C$3.36. 166,648 shares traded hands during trading, a decline of 12% from the average session volume of 189,217 shares. The stock had previously closed at C$3.50.
Cronos Group Stock Performance
The firm has a market cap of C$1.29 billion, a PE ratio of 67.20, a price-to-earnings-growth ratio of 0.12 and a beta of 1.30. The company has a quick ratio of 24.01, a current ratio of 24.24 and a debt-to-equity ratio of 0.17. The business has a 50 day simple moving average of C$3.57 and a two-hundred day simple moving average of C$3.01.
About Cronos Group
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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