On Friday, Cronos Group Inc (NASDAQ: CRON) was -1.53% drop from the session before settling in for the closing price of $1.96. A 52-week range for CRON has been $1.85 – $3.14.
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Annual sales at Healthcare sector company grew by 53.82% over the past five years. When this article was written, the company’s average yearly earnings per share was at 64.81%. With a float of $200.33 million, this company’s outstanding shares have now reached $382.29 million.
Let’s look at the performance matrix of the company that is accounted for 356 employees. 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) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cronos Group Inc stocks. The insider ownership of Cronos Group Inc is 47.60%, while institutional ownership is 12.04%.
Cronos Group Inc (CRON) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 64.81% 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
You can see what Cronos Group Inc (CRON) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 23.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.63. Likewise, its price to free cash flow for the trailing twelve months is 39.93.
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)
Cronos Group Inc (NASDAQ: CRON) saw its 5-day average volume 1.36 million, a negative change from its year-to-date volume of 1.86 million. As of the previous 9 days, the stock’s Stochastic %D was 12.45%. Additionally, its Average True Range was 0.08.
During the past 100 days, Cronos Group Inc’s (CRON) raw stochastic average was set at 5.00%, which indicates a significant decrease from 10.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.24% in the past 14 days, which was lower than the 45.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1079, while its 200-day Moving Average is $2.3248. Nevertheless, the first resistance level for the watch stands at $1.9600 in the near term. At $1.9900, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0200. If the price goes on to break the first support level at $1.9000, it is likely to go to the next support level at $1.8700. Assuming the price breaks the second support level, the third support level stands at $1.8400.
Cronos Group Inc (NASDAQ: CRON) Key Stats
There are 382,295K outstanding shares of the company, which has a market capitalization of 737.84 million. As of now, sales total 87,240 K while income totals -73,960 K. Its latest quarter income was 34,260 K while its last quarter net income were 8,350 K.
