SBI Securities Co. Ltd. bought a new position in shares of Cronos Group Inc. (NASDAQ:CRON – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 15,070 shares of the company’s stock, valued at approximately $30,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thompson Davis & CO. Inc. bought a new position in Cronos Group during the fourth quarter worth about $29,000. Jones Financial Companies Lllp boosted its position in Cronos Group by 64.5% during the fourth quarter. Jones Financial Companies Lllp now owns 16,623 shares of the company’s stock worth $34,000 after purchasing an additional 6,520 shares during the period. Quantbot Technologies LP bought a new position in Cronos Group during the third quarter worth about $37,000. Barclays PLC bought a new position in Cronos Group during the third quarter worth about $97,000. Finally, Virtu Financial LLC boosted its position in Cronos Group by 242.7% during the third quarter. Virtu Financial LLC now owns 54,516 shares of the company’s stock worth $119,000 after purchasing an additional 38,607 shares during the period. Institutional investors own 8.71% of the company’s stock.
Cronos Group Stock Down 0.5 %
Shares of NASDAQ:CRON opened at $1.89 on Thursday. Cronos Group Inc. has a twelve month low of $1.83 and a twelve month high of $3.14. The firm has a market capitalization of $722.98 million, a PE ratio of -14.54, a P/E/G ratio of 1.74 and a beta of 0.89. The company has a 50-day moving average price of $1.96 and a two-hundred day moving average price of $2.06.
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.
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