Cronos Group (TSE:CRON) Trading Down 2.1% – Should You Sell?

Cronos Group Inc. (TSE:CRON)’s share price dropped 2.1% during trading on Thursday . The stock traded as low as C$2.82 and last traded at C$2.83. Approximately 24,746 shares were traded during mid-day 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 Stock Down 2.1 %

The firm has a market cap of C$1.08 billion, a PE ratio of -13.48, a P/E/G 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. The business has a fifty day moving average price of C$2.88 and a two-hundred day moving average price of C$3.02.

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.