Cronos Group Inc. (TSE:CRON - Get Free Report)'s stock price fell 1.5% during trading on Wednesday . The stock traded as low as C$2.65 and last traded at C$2.65. 209,594 shares changed hands during trading, an increase of 72% from the average session volume of 121,897 shares. The stock had previously closed at C$2.69.
Cronos Group Price Performance
The business has a 50-day simple moving average of C$2.81 and a two-hundred day simple moving average of C$2.91. 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 stock has a market capitalization of C$778.99 million, a price-to-earnings ratio of -16.41, a P/E/G ratio of 0.12 and a beta of 1.02.
Cronos Group Company Profile
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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.
Further Reading
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