Shares of Cronos Group Inc. (TSE:CRON - Get Free Report) fell 0.4% during trading on Thursday . The stock traded as low as C$2.80 and last traded at C$2.82. 35,393 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 184,336 shares. The stock had previously closed at C$2.83.
Cronos Group Stock Performance
The company has a quick ratio of 24.01, a current ratio of 24.24 and a debt-to-equity ratio of 0.17. The firm has a 50-day moving average of C$2.73 and a 200 day moving average of C$2.69. The stock has a market capitalization of C$747.30 million, a P/E ratio of -15.75, a PEG ratio of 0.12 and a beta of 1.02.
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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