Cronos Group Inc. (NASDAQ:CRON - Get Free Report) reached a new 52-week low on Friday . The company traded as low as $1.86 and last traded at $1.88, with a volume of 67250 shares. The stock had previously closed at $1.87.
Cronos Group Stock Up 4.3 %
The business has a 50-day simple moving average of $2.08 and a 200-day simple moving average of $2.22. The company has a market cap of $745.48 million, a PE ratio of -15.00 and a beta of 0.99.
Institutional Investors Weigh In On Cronos Group
A number of institutional investors have recently added to or reduced their stakes in CRON. Mackenzie Financial Corp acquired a new position in Cronos Group during the second quarter worth $3,237,000. Tidal Investments LLC increased its stake in shares of Cronos Group by 4.4% during the third quarter. Tidal Investments LLC now owns 5,026,489 shares of the company's stock worth $11,008,000 after purchasing an additional 210,263 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Cronos Group by 7.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,631,783 shares of the company's stock worth $6,132,000 after purchasing an additional 192,469 shares during the last quarter. Intact Investment Management Inc. lifted its stake in Cronos Group by 89.1% in the 3rd quarter. Intact Investment Management Inc. now owns 377,890 shares of the company's stock valued at $836,000 after buying an additional 178,100 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in Cronos Group by 37.9% in the 2nd quarter. Renaissance Technologies LLC now owns 464,949 shares of the company's stock worth $1,083,000 after buying an additional 127,753 shares during the last quarter. Institutional investors and hedge funds own 8.71% of the company's stock.
Cronos Group Company Profile
(
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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