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

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$16.86 +1.11 (+7.05 %)
(As of 04/23/2019 07:54 AM ET)
Previous Close$15.75
Today's Range$15.55 - $17.00
52-Week Range$5.50 - $25.10
Volume7.36 million shs
Average Volume14.45 million shs
Market Capitalization$3.01 billion
P/E RatioN/A
Dividend YieldN/A
Beta4.23
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$12.12 million
Book Value$0.91 per share

Profitability

Net Income$-14,640,000.00
Net Margins-120.65%

Miscellaneous

Employees291
Market Cap$3.01 billion
Next Earnings Date5/9/2019 (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."

How were Cronos Group's earnings last quarter?

Cronos Group Inc (NASDAQ:CRON) posted its quarterly earnings results on Tuesday, March, 26th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.04. The company earned $4.24 million during the quarter, compared to analyst estimates of $6.70 million. Cronos Group had a negative net margin of 120.65% and a negative return on equity of 9.50%. View Cronos Group's Earnings History.

When is Cronos Group's next earnings date?

Cronos Group is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Cronos Group.

What price target have analysts set for CRON?

10 analysts have issued 1-year target prices for Cronos Group's shares. Their predictions range from $13.00 to $30.00. On average, they anticipate Cronos Group's stock price to reach $21.0860 in the next twelve months. This suggests a possible upside of 25.1% from the stock's current price. View Analyst Price Targets for Cronos Group.

What is the consensus analysts' recommendation for Cronos Group?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 4 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 stories about CRON stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cronos Group earned a news impact score of -1.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Cronos Group?

Cronos Group saw a increase in short interest in March. As of March 29th, there was short interest totalling 23,550,475 shares, an increase of 24.9% from the March 15th total of 18,853,390 shares. Based on an average daily volume of 10,614,785 shares, the short-interest ratio is presently 2.2 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), Dollar Tree (DLTR), Tilray (TLRY), Micron Technology (MU), NVIDIA (NVDA), Aphria (APHA), Advanced Micro Devices (AMD), Alibaba Group (BABA) and Aurora Cannabis (ACBFF).

Who are Cronos Group's key executives?

Cronos Group's management team includes the folowing people:
  • Mr. Michael Gorenstein, Chairman, Pres & CEO (Age 31)
  • Mr. William Hilson, Chief Financial Officer
  • Mr. David Hsu, Chief Operating Officer
  • Ms. Xiuming Shum, Gen. Counsel & Corp. Sec.
  • Mr. Jeffrey Jacobson, Head of Sales & Bus. Devel.

Who are Cronos Group's major shareholders?

Cronos Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Virtu Financial LLC (0.07%), Wedbush Securities Inc. (0.04%), Pennsylvania Trust Co (0.03%), Pennsylvania Trust Co (0.03%), Toth Financial Advisory Corp (0.01%) and Dubuque Bank & Trust Co. (0.01%).

Which major investors are selling Cronos Group stock?

CRON stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd..

Which major investors are buying Cronos Group stock?

CRON stock was bought by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Pennsylvania Trust Co, Virtu Financial LLC, Toth Financial Advisory Corp, Dubuque Bank & Trust Co., Wedbush Securities Inc., Liberty Wealth Management LLC and Asset Dedication 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 $16.86.

How big of a company is Cronos Group?

Cronos Group has a market capitalization of $3.01 billion and generates $12.12 million in revenue each year. The company earns $-14,640,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Cronos Group employs 291 workers across the globe.

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:  266 (Vote Outperform)
Underperform Votes:  334 (Vote Underperform)
Total Votes:  600
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 4/23/2019 by MarketBeat.com Staff

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