Cronos Group Inc. (TSE:CRON - Get Free Report)'s stock price shot up 1.1% during trading on Tuesday . The stock traded as high as C$2.71 and last traded at C$2.70. 65,817 shares changed hands during trading, a decline of 69% from the average session volume of 211,539 shares. The stock had previously closed at C$2.67.
Cronos Group Price Performance
The firm has a 50-day moving average of C$2.62 and a 200 day moving average of C$2.73. The stock has a market capitalization of C$712.97 million, a price-to-earnings ratio of -15.02, a price-to-earnings-growth ratio of 0.12 and a beta of 1.02. The company has a current ratio of 24.24, a quick ratio of 24.01 and a debt-to-equity ratio of 0.17.
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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