As on Wednesday, Cronos Group Inc (NASDAQ: CRON) started slowly as it slid -2.25% to $2.61, before settling in for the price of $2.67 at the close. Taking a more long-term approach, CRON posted a 52-week range of $1.64-$2.99.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 53.82%. Meanwhile, its Annual Earning per share during the time was -9.06%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 68.92%. This publicly-traded company’s shares outstanding now amounts to $381.30 million, simultaneously with a float of $198.90 million. The organization now has a market capitalization sitting at $995.19 million. At the time of writing, stock’s 50-day Moving Average stood at $2.27, while the 200-day Moving Average is $2.04.
Cronos Group Inc (CRON) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Drug Manufacturers – Specialty & Generic industry. Cronos Group Inc’s current insider ownership accounts for 47.84%, in contrast to 12.37% institutional ownership. According to the most recent insider trade that took place on May 30 ’23, this organization’s Director bought 37,500 shares at the rate of 1.74, making the entire transaction reach 65,074 in total value, affecting insider ownership by 1,402,304. Preceding that transaction, on May 25 ’23, Company’s Director bought 100,000 for 1.80, making the whole transaction’s value amount to 179,650. This particular insider is now the holder of 1,376,054 in total.
Cronos Group Inc (CRON) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.05 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.01) by -$0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
Cronos Group Inc’s EPS increase for this current 12-month fiscal period is 68.92% and is forecasted to reach 0.02 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 45.80% through the next 5 years, which can be compared against the -9.06% growth it accomplished over the previous five years trading on the market.
Cronos Group Inc (NASDAQ: CRON) Trading Performance Indicators
Let’s observe the current performance indicators for Cronos Group Inc (CRON). It’s Quick Ratio in the last reported quarter now stands at 21.81. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 11.32.
In the same vein, CRON’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.19, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be 0.02 at the market close of one year from today.
Technical Analysis of Cronos Group Inc (CRON)
Through scrutinizing the latest numbers posted by the [Cronos Group Inc, CRON], it can be observed that its last 5-days Average volume of 4.98 million was better the volume of 2.87 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 32.45% While, its Average True Range was 0.18.
Raw Stochastic average of Cronos Group Inc (CRON) in the period of the previous 100 days is set at 66.67%, which indicates a major rise in contrast to 43.28% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 66.99% that was higher than 52.28% volatility it exhibited in the past 100-days period.
