Cronos Group Inc. (TSE:CRON – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$2.65 and last traded at C$2.65, with a volume of 176565 shares traded. The stock had previously closed at C$2.69.
Cronos Group Price Performance
The business’s fifty day moving average is C$2.79 and its 200-day moving average is C$2.88. The company has a debt-to-equity ratio of 0.17, a current ratio of 24.24 and a quick ratio of 24.01. The firm has a market cap of C$699.77 million, a PE ratio of -14.75, a P/E/G ratio of 0.12 and a beta of 1.02.
About Cronos Group
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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