Cronos Group Inc. (TSE:CRON – Get Free Report) dropped 2.1% during mid-day trading on Thursday . The stock traded as low as C$2.82 and last traded at C$2.83. Approximately 24,746 shares changed hands during trading, a decline of 81% from the average daily volume of 128,628 shares. The stock had previously closed at C$2.89.
Cronos Group Price Performance
The company has a quick ratio of 24.01, a current ratio of 28.29 and a debt-to-equity ratio of 0.19. The company has a 50 day simple moving average of C$2.88 and a two-hundred day simple moving average of C$3.02. The company has a market capitalization of C$1.08 billion, a P/E ratio of -13.48, a PEG ratio of 0.12 and a beta of 1.02.
About Cronos Group
Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.
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