NASDAQ:CRON - Cronos Group Stock Price, News, & Analysis

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$21.26 -0.22 (-1.02 %)
(As of 03/21/2019 01:51 AM ET)
Previous Close$21.48
Today's Range$21.03 - $21.88
52-Week Range$5.12 - $25.10
Volume5.63 million shs
Average Volume17.06 million shs
Market Capitalization$3.80 billion
P/E Ratio2,126.00
Dividend YieldN/A
BetaN/A
Cronos Group Inc., formerly known as PharmaCan Capital Corp., is a principal investment firm. The firm seeks to invest in companies either licensed, or actively seeking a license, to produce medical marijuana pursuant to Canada's Marihuana for Medical Purposes Regulations “MMPR”. The firm typically invests in companies based in Canada. The firm is primarily an equity investor, may also advance debt as appropriate. It seeks to make minority investments with appropriate governance and shareholder rights. The firm seeks board representation consistent with the size of the investment, but does not need control. Cronos Group Inc. was incorporated in January, 2013 and is based in Toronto, Canada with an additional office in Toronto, Canada.

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Industry, Sector and Symbol

Industry Medicinals & botanicals
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CRON
CUSIPN/A
CIKN/A
Phone212-590-9070

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.15 million
Cash Flow$0.0184 per share
Book Value$0.47 per share

Profitability

Net Income$1.92 million

Miscellaneous

EmployeesN/A
Market Cap$3.80 billion
Next Earnings Date3/26/2019 (Confirmed)
OptionableOptionable

Cronos Group (NASDAQ:CRON) Frequently Asked Questions

What is Cronos Group's stock symbol?

Cronos Group trades on the NASDAQ under the ticker symbol "CRON."

When is Cronos Group's next earnings date?

Cronos Group is scheduled to release their next quarterly earnings announcement on Tuesday, March 26th 2019. View Earnings Estimates for Cronos Group.

How can I listen to Cronos Group's earnings call?

Cronos Group will be holding an earnings conference call on Tuesday, March 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8667952258.

What price target have analysts set for CRON?

8 equities research analysts have issued twelve-month target prices for Cronos Group's stock. Their forecasts range from $9.00 to $21.43. On average, they anticipate Cronos Group's stock price to reach $15.2150 in the next year. This suggests that the stock has a possible downside of 28.4%. View Analyst Price Targets for Cronos Group.

What is the consensus analysts' recommendation for Cronos Group?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cronos Group.

Has Cronos Group been receiving favorable news coverage?

News headlines about CRON stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cronos Group earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

Are investors shorting Cronos Group?

Cronos Group saw a decrease in short interest during the month of February. As of February 28th, there was short interest totalling 21,174,013 shares, a decrease of 9.7% from the February 15th total of 23,460,380 shares. Based on an average daily volume of 14,162,600 shares, the short-interest ratio is presently 1.5 days. View Cronos Group's Current Options Chain.

Who are some of Cronos Group's key competitors?

What other stocks do shareholders of Cronos Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cronos Group investors own include Canopy Growth (CGC), Aurora Cannabis (ACB), Tilray (TLRY), NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Aurora Cannabis (ACBFF), Aphria (APHA) and GW Pharmaceuticals PLC- (GWPH).

Who are Cronos Group's key executives?

Cronos Group's management team includes the folowing people:
  • Mr. Michael Gorenstein, Chairman, Pres & CEO (Age 32)
  • Mr. William Hilson, Chief Financial Officer
  • Mr. David Hsu, Chief Operating Officer
  • Ms. Xiuming Shum, Gen. Counsel & Corp. Sec.
  • Mr. Jeffrey Jacobson, VP of Bus. Devel.

Who are Cronos Group's major shareholders?

Cronos Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Chescapmanager LLC (5.04%), ETF Managers Group LLC (3.90%), JW Asset Management LLC (0.61%), TD Asset Management Inc. (0.31%), Two Sigma Advisers LP (0.22%) and Gerber Kawasaki Wealth & Investment Management (0.12%).

Which major investors are selling Cronos Group stock?

CRON stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc., Bank of America Corp DE, Sigma Planning Corp, JW Asset Management LLC, Chescapmanager LLC, Creative Planning, IFP Advisors Inc and Benjamin F. Edwards & Company Inc..

Which major investors are buying Cronos Group stock?

CRON stock was bought by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, TD Asset Management Inc., Two Sigma Advisers LP, Millennium Management LLC, Two Sigma Investments LP, CIBC Asset Management Inc, Toronto Dominion Bank and Virtu Financial LLC.

How do I buy shares of Cronos Group?

Shares of CRON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cronos Group's stock price today?

One share of CRON stock can currently be purchased for approximately $21.26.

How big of a company is Cronos Group?

Cronos Group has a market capitalization of $3.80 billion and generates $3.15 million in revenue each year. The company earns $1.92 million in net income (profit) each year or $0.01 on an earnings per share basis.

What is Cronos Group's official website?

The official website for Cronos Group is http://www.thecronosgroup.com.

How can I contact Cronos Group?

Cronos Group's mailing address is 720 KING STREET W SUITE 320, TORONTO A6, M5V 2T3. The company can be reached via phone at 212-590-9070.


MarketBeat Community Rating for Cronos Group (NASDAQ CRON)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  235 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  528
MarketBeat's community ratings are surveys of what our community members think about Cronos Group and other stocks. Vote "Outperform" if you believe CRON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRON will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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