Free Trial

Cronos Group (TSE:CRON) Stock Price Down 1.7% - Should You Sell?

Cronos Group logo with Medical background

Cronos Group Inc. (TSE:CRON - Get Free Report)'s share price dropped 1.7% during trading on Tuesday . The company traded as low as C$2.93 and last traded at C$2.93. Approximately 88,587 shares changed hands during trading, a decline of 44% from the average daily volume of 157,899 shares. The stock had previously closed at C$2.98.

Cronos Group Price Performance

The stock's 50-day moving average price is C$2.96 and its 200 day moving average price is C$3.18. The company has a quick ratio of 24.01, a current ratio of 28.29 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of C$1.12 billion, a price-to-earnings ratio of -13.90, a PEG ratio of 0.12 and a beta of 1.02.

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.

Featured Stories

Should you invest $1,000 in Cronos Group right now?

Before you consider Cronos Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cronos Group wasn't on the list.

While Cronos Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines