Barclays PLC Takes Position in Cronos Group Inc. (NASDAQ:CRON)

Barclays PLC bought a new stake in Cronos Group Inc. (NASDAQ:CRON) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 44,345 shares of the company’s stock, valued at approximately $97,000.

Several other large investors also recently made changes to their positions in CRON. Mackenzie Financial Corp acquired a new stake in shares of Cronos Group in the 2nd quarter valued at about $3,237,000. Dimensional Fund Advisors LP grew its stake in shares of Cronos Group by 7.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,631,783 shares of the company’s stock valued at $6,132,000 after buying an additional 192,469 shares during the period. Intact Investment Management Inc. grew its stake in shares of Cronos Group by 89.1% in the 3rd quarter. Intact Investment Management Inc. now owns 377,890 shares of the company’s stock valued at $836,000 after buying an additional 178,100 shares during the period. Renaissance Technologies LLC grew its stake in shares of Cronos Group by 37.9% in the 2nd quarter. Renaissance Technologies LLC now owns 464,949 shares of the company’s stock valued at $1,083,000 after buying an additional 127,753 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Cronos Group in the 3rd quarter valued at about $140,000. 8.71% of the stock is currently owned by institutional investors and hedge funds.

Cronos Group Price Performance

Shares of CRON opened at $1.93 on Friday. Cronos Group Inc. has a one year low of $1.86 and a one year high of $3.14. The company has a market cap of $737.84 million, a PE ratio of -14.85, a P/E/G ratio of 1.75 and a beta of 0.97. The stock has a 50-day moving average of $2.01 and a 200-day moving average of $2.16.

Cronos Group Company Profile

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.