Cronos Group (TSE:CRON) Trading Down 2.5% – Time to Sell?

Cronos Group Inc. (TSE:CRONGet Free Report) shares dropped 2.5% during trading on Wednesday . The company traded as low as C$2.72 and last traded at C$2.72. Approximately 143,031 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 155,010 shares. The stock had previously closed at C$2.79.

Cronos Group Stock Performance

The company has a fifty day moving average price of C$2.93 and a two-hundred day moving average price of C$3.07. The company has a market capitalization of C$1.04 billion, a P/E ratio of -12.95, a PEG ratio of 0.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.19, a current ratio of 28.29 and a quick ratio of 24.01.

Cronos Group Company Profile

(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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