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Cronos Group (TSE:CRON) Sets New 12-Month Low - Should You Sell?

Cronos Group logo with Medical background
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Cronos Group Inc. (TSE:CRON - Get Free Report)'s stock price hit a new 52-week low on Tuesday . The stock traded as low as C$2.65 and last traded at C$2.65, with a volume of 176565 shares changing hands. The stock had previously closed at C$2.69.

Cronos Group Price Performance

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 firm has a fifty day moving average price of C$2.77 and a two-hundred day moving average price of C$2.87. The stock has a market capitalization of C$681.29 million, a P/E ratio of -14.36, a P/E/G ratio of 0.12 and a beta of 1.02.

About Cronos Group

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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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