Cronos Group Inc (NASDAQ:CRON) currently has a daily average trading volume of 898.91K but it saw 1604768 shares traded in last market. With a market cap of 852.48M USD, the company’s current market price of $2.23 came falling about -2.62 while comparing to the previous closing price of $2.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.14 and as low as $1.70. In the recent trading on the day, stock has struck highest price mark of $2.2 while lowest mark touched by it was $2.32.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Bernstein which initiated the stock as “Mkt Perform” in its note to investors issued on November 02, 2022, recommending a price target of $3 for it.
Over the week, CRON’s stock price is moving 3.24% up while it is 3.72% when we observe its performance for the past one month. Year-to-date it is 6.70% up and over the past year, the stock is showing an upside performance of 27.43%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0 beat the consensus estimate of -0.02 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-06, for which analysts forecasted an EPS of -0.01 while estimate for next year EPS is -0.11. In next quarter, company is expected to be making quarterly sales of $29.35M as analysts are expecting the sales for current fiscal year at $109.34M and seeing the company making $126.58M in sales next year. Moreover, analysts are in estimates of $29.1M for current-quarter revenue.
Currently, Cronos Group Inc’s total number of outstanding shares is 381.30M with 46.40% of that held by the insiders while 15.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.42% and return on equity (ROE) at -5.22%. It has a 223.22 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 8.38. Its return on asset (ROA) is -5.08% on average.
