Cronos Group Inc. (TSE:CRON – Get Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as C$2.65 and last traded at C$2.65, with a volume of 176565 shares trading hands. The stock had previously closed at C$2.69.
Cronos Group Stock Down 1.9 %
The company’s fifty day simple moving average is C$2.78 and its 200-day simple moving average is C$2.87. The firm has a market capitalization of C$686.57 million, a PE ratio of -14.47, a price-to-earnings-growth ratio of 0.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.17, a current ratio of 24.24 and a quick ratio of 24.01.
Cronos Group Company Profile
Cronos Group, headquartered in Toronto, Canada cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach. Although it primarily operates in Canada, Cronos exports medical cannabis to Poland and Germany. In addition, it has entered joint ventures in Israel, Colombia, and Australia to drive further international cultivation and distribution growth.
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