Cronos Group (TSE:CRON) Trading Down 2.1% – Here’s Why

Cronos Group Inc. (TSE:CRONGet Free Report) traded down 2.1% on Thursday . The company traded as low as C$2.82 and last traded at C$2.83. 24,746 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 128,628 shares. The stock had previously closed at C$2.89.

Cronos Group Price Performance

The firm has a market capitalization of C$1.08 billion, a P/E ratio of -13.48, a P/E/G ratio of 0.12 and a beta of 1.02. The company has a current ratio of 28.29, a quick ratio of 24.01 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.

About Cronos Group

(Get Free Report)

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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