Cronos Group Inc. (TSE:CRON – Get Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$2.65 and last traded at C$2.65, with a volume of 176565 shares changing hands. The stock had previously closed at C$2.69.
Cronos Group Price Performance
The stock has a market capitalization of C$699.77 million, a P/E ratio of -14.75, a price-to-earnings-growth ratio of 0.12 and a beta of 1.02. The business’s 50 day simple moving average is C$2.79 and its two-hundred day simple moving average is C$2.88. The company has a quick ratio of 24.01, a current ratio of 24.24 and a debt-to-equity ratio of 0.17.
Cronos Group Company Profile
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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