Cronos Group Inc. (TSE:CRON - Get Free Report) shares were up 1.1% during mid-day trading on Tuesday . The stock traded as high as C$2.71 and last traded at C$2.70. Approximately 65,817 shares changed hands during trading, a decline of 69% from the average daily volume of 211,539 shares. The stock had previously closed at C$2.67.
Cronos Group Trading Down 2.2%
The firm has a market capitalization of C$694.49 million, a P/E ratio of -14.63, a price-to-earnings-growth ratio of 0.12 and a beta of 1.02. The firm has a 50-day moving average of C$2.64 and a 200-day moving average of C$2.72. The company has a debt-to-equity ratio of 0.17, a quick ratio of 24.01 and a current ratio of 24.24.
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.
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