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Cronos Group (TSE:CRON) Shares Down 2.5% - Here's What Happened

Cronos Group logo with Medical background

Cronos Group Inc. (TSE:CRON - Get Free Report) shares traded down 2.5% on Wednesday . The stock traded as low as C$2.72 and last traded at C$2.72. 143,031 shares changed hands during trading, a decline of 8% from the average session volume of 155,010 shares. The stock had previously closed at C$2.79.

Cronos Group Trading Down 0.4 %

The firm has a market cap of C$1.04 billion, a price-to-earnings ratio of -12.90, a price-to-earnings-growth ratio of 0.12 and a beta of 1.02. The firm's fifty day moving average is C$2.92 and its 200-day moving average is C$3.07. The company has a debt-to-equity ratio of 0.19, a current ratio of 28.29 and a quick ratio of 24.01.

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.

Further Reading

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