Cronos Group (TSE:CRON) Stock Price Down 1.7% – Should You Sell?

Cronos Group Inc. (TSE:CRONGet Free Report) shares fell 1.7% during mid-day trading on Tuesday . The company traded as low as C$2.93 and last traded at C$2.93. 88,587 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 157,899 shares. The stock had previously closed at C$2.98.

Cronos Group Trading Down 1.7 %

The business has a fifty day simple moving average of C$2.96 and a 200-day simple moving average of C$3.18. The company has a debt-to-equity ratio of 0.19, a quick ratio of 24.01 and a current ratio of 28.29. The firm has a market cap of C$1.12 billion, a price-to-earnings ratio of -13.95, a PEG ratio of 0.12 and a beta of 1.02.

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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