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

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$14.90 +1.24 (+9.08 %)
(As of 01/21/2019 04:00 PM ET)
Previous Close$13.66
Today's Range$13.94 - $15.19
52-Week Range$4.75 - $15.30
Volume23.02 million shs
Average Volume6.59 million shs
Market Capitalization$2.64 billion
P/E Ratio1,490.00
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
Phone212-590-9070

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.15 million
Cash Flow$0.0188 per share
Book Value$0.47 per share

Profitability

Net Income$1.92 million

Miscellaneous

Employees148
Market Cap$2.64 billion
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) issued its earnings results on Tuesday, November, 13th. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.01. The firm earned $3.76 million during the quarter, compared to the consensus estimate of $3.56 million. Cronos Group had a negative net margin of 45.72% and a negative return on equity of 3.22%. The firm's revenue was up 187.0% compared to the same quarter last year. 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 Monday, April 29th 2019. View Earnings Estimates for Cronos Group.

What price target have analysts set for CRON?

4 equities research analysts have issued 12-month price targets for Cronos Group's stock. Their forecasts range from $9.00 to $9.00. On average, they expect Cronos Group's stock price to reach $9.00 in the next year. This suggests that the stock has a possible downside of 39.6%. View Analyst Price Targets for Cronos Group.

What is the consensus analysts' recommendation for Cronos Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cronos Group.

Has Cronos Group been receiving favorable news coverage?

Press coverage about CRON stock has been trending very positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cronos Group earned a news impact score of 3.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are some of Cronos Group's key competitors?

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 a number of of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.04%), USA Mutuals Advisors Inc. (0.04%) and First Command Bank (0.00%).

Which institutional investors are buying Cronos Group stock?

CRON stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, USA Mutuals Advisors Inc. and First Command Bank.

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 $14.90.

How big of a company is Cronos Group?

Cronos Group has a market capitalization of $2.64 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. Cronos Group employs 148 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:  2.3 out of 5 (star star)
Outperform Votes:  174 (Vote Outperform)
Underperform Votes:  206 (Vote Underperform)
Total Votes:  380
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 1/21/2019 by MarketBeat.com Staff

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