Cronos Group Inc (NASDAQ: CRON) kicked off on Tuesday, down -1.79% from the previous trading day, before settling in for the closing price of $2.23. Over the past 52 weeks, CRON has traded in a range of $1.72-$3.14.
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Healthcare Sector giant saw their annual sales surged by 53.82% over the last five years. While this was happening, its average annual earnings per share was recorded 53.71%. With a float of $200.31 million, this company’s outstanding shares have now reached $381.30 million.
The firm has a total of 356 workers. Let’s measure their productivity. In terms of profitability, gross margin is 12.58%, operating margin of -44.07%, and the pretax margin is -57.06%.
Cronos Group Inc (CRON) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Cronos Group Inc is 47.60%, while institutional ownership is 12.42%.
Cronos Group Inc (CRON) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 53.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.80% during the next five years compared to -9.06% drop over the previous five years of trading.
Cronos Group Inc (NASDAQ: CRON) Trading Performance Indicators
Take a look at Cronos Group Inc’s (CRON) current performance indicators. Last quarter, stock had a quick ratio of 27.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.23. Likewise, its price to free cash flow for the trailing twelve months is 62.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.01 in one year’s time.
Technical Analysis of Cronos Group Inc (CRON)
Analysing the last 5-days average volume posted by the [Cronos Group Inc, CRON], we can find that recorded value of 0.88 million was lower than the volume posted last year of 1.95 million. As of the previous 9 days, the stock’s Stochastic %D was 50.39%. Additionally, its Average True Range was 0.08.
During the past 100 days, Cronos Group Inc’s (CRON) raw stochastic average was set at 25.94%, which indicates a significant decrease from 49.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.43% in the past 14 days, which was higher than the 39.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.20, while its 200-day Moving Average is $2.33. Now, the first resistance to watch is $2.25. This is followed by the second major resistance level at $2.31. The third major resistance level sits at $2.34. If the price goes on to break the first support level at $2.16, it is likely to go to the next support level at $2.13. Should the price break the second support level, the third support level stands at $2.07.
Cronos Group Inc (NASDAQ: CRON) Key Stats
The company with the Market Capitalisation of 837.19 million has total of 382,295K Shares Outstanding. Its annual sales at the moment are 87,240 K in contrast with the sum of -73,960 K annual income. Company’s last quarter sales were recorded 27,760 K and last quarter income was -8,760 K.
