Cronos Group (TSE:CRON) Shares Down 1.7% – Here’s What Happened

Cronos Group Inc. (TSE:CRONGet Free Report) was down 1.7% during mid-day trading on Tuesday . The company traded as low as C$2.93 and last traded at C$2.93. Approximately 88,587 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 157,899 shares. The stock had previously closed at C$2.98.

Cronos Group Trading Up 1.4 %

The stock’s fifty day simple moving average is C$2.96 and its 200-day simple moving average is C$3.18. The firm has a market cap of C$1.14 billion, a PE ratio of -13.90, a PEG 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.

About Cronos Group

(Get Free Report)

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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