A new trading day began on Tuesday, with Cronos Group Inc (NASDAQ: CRON) stock price down -1.93% from the previous day of trading, before settling in for the closing price of $2.07. CRON’s price has ranged from $1.85 to $3.14 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 53.82% over the last five years. Meanwhile, its annual earnings per share averaged 55.56%. With a float of $200.32 million, this company’s outstanding shares have now reached $382.29 million.
The firm has a total of 356 workers. Let’s measure their productivity. In terms of profitability, gross margin is 12.22%, operating margin of -72.62%, and the pretax margin is -50.2%.
Cronos Group Inc (CRON) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Cronos Group Inc is 47.60%, while institutional ownership is 12.05%.
Cronos Group Inc (CRON) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 55.56% 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
Here are Cronos Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 23.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.98. Likewise, its price to free cash flow for the trailing twelve months is 42.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.12, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.03 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 0.69 million was lower than the volume posted last year of 1.88 million. As of the previous 9 days, the stock’s Stochastic %D was 33.33%. Additionally, its Average True Range was 0.09.
During the past 100 days, Cronos Group Inc’s (CRON) raw stochastic average was set at 19.05%, which indicates a significant increase from 13.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.08% in the past 14 days, which was lower than the 47.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.13, while its 200-day Moving Average is $2.33. Now, the first resistance to watch is $2.08. This is followed by the second major resistance level at $2.14. The third major resistance level sits at $2.17. If the price goes on to break the first support level at $1.99, it is likely to go to the next support level at $1.96. Now, if the price goes above the second support level, the third support stands at $1.90.
Cronos Group Inc (NASDAQ: CRON) Key Stats
With a market capitalization of 776.07 million, the company has a total of 382,295K Shares Outstanding. Currently, annual sales are 87,240 K while annual income is -73,960 K. The company’s previous quarter sales were 34,260 K while its latest quarter income was 8,350 K.
