Cronos Group Inc. (NASDAQ:CRON - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $1.72 and last traded at $1.78, with a volume of 205587 shares traded. The stock had previously closed at $1.79.
Cronos Group Price Performance
The company has a market capitalization of $654.13 million, a P/E ratio of -13.15, a price-to-earnings-growth ratio of 1.74 and a beta of 1.02. The firm's 50-day moving average is $1.91 and its 200-day moving average is $2.02.
Institutional Trading of Cronos Group
A number of large investors have recently made changes to their positions in the business. Barclays PLC purchased a new position in shares of Cronos Group during the 3rd quarter worth about $97,000. Janney Montgomery Scott LLC boosted its position in shares of Cronos Group by 72.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 380,575 shares of the company's stock valued at $769,000 after buying an additional 159,575 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Cronos Group by 64.5% during the fourth quarter. Jones Financial Companies Lllp now owns 16,623 shares of the company's stock valued at $34,000 after buying an additional 6,520 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Cronos Group in the fourth quarter worth approximately $30,000. Finally, WINTON GROUP Ltd lifted its stake in shares of Cronos Group by 106.5% during the 4th quarter. WINTON GROUP Ltd now owns 288,990 shares of the company's stock worth $584,000 after acquiring an additional 149,028 shares during the last quarter. 8.71% of the stock is currently owned by institutional investors.
About Cronos Group
(
Get Free Report)
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.
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