Shares of Cronos Group Inc. (TSE:CRON – Get Free Report) traded down 1.5% during mid-day 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 mid-day 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 Stock Performance
The firm has a market cap of C$699.77 million, a P/E ratio of -14.75, a PEG ratio of 0.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.17, a quick ratio of 24.01 and a current ratio of 24.24. The stock’s 50-day moving average is C$2.80 and its 200 day moving average is C$2.91.
About Cronos Group
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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