Cronos Group Inc (NASDAQ: CRON) on Friday, soared 4.17% from the previous trading day, before settling in for the closing price of $1.68. Within the past 52 weeks, CRON’s price has moved between $1.60 and $3.14.
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Annual sales at Healthcare sector company grew by 41.59% over the past five years. The company achieved an average annual earnings per share of -124.22%. With a float of $197.60 million, this company’s outstanding shares have now reached $382.53 million.
Let’s look at the performance matrix of the company that is accounted for 459 employees. In terms of profitability, gross margin is 17.95%, operating margin of -57.53%, and the pretax margin is 28.51%.
Cronos Group Inc (CRON) Insider and Institutional Ownership
Observing investor behavior towards Drug Manufacturers – Specialty & Generic industry stocks is more important than anything else. The insider ownership of Cronos Group Inc is 48.34%, while institutional ownership is 12.57%.
Cronos Group Inc (CRON) Latest Financial update
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 -124.22% per share during the next fiscal year.
Cronos Group Inc (NASDAQ: CRON) Trading Performance Indicators
Cronos Group Inc (CRON) is currently performing well based on its current performance indicators. A quick ratio of 18.17 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.69. Likewise, its price to free cash flow for the trailing twelve months is 106.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.11, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.08 in one year’s time.
Technical Analysis of Cronos Group Inc (CRON)
Cronos Group Inc (NASDAQ: CRON) saw its 5-day average volume 1.77 million, a positive change from its year-to-date volume of 1.57 million. As of the previous 9 days, the stock’s Stochastic %D was 46.67%. Additionally, its Average True Range was 0.08.
During the past 100 days, Cronos Group Inc’s (CRON) raw stochastic average was set at 25.00%, which indicates a significant decrease from 54.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.58% in the past 14 days, which was higher than the 36.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8844, while its 200-day Moving Average is $2.0918. Nevertheless, the first resistance level for the watch stands at $1.7867 in the near term. At $1.8233, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8917. If the price goes on to break the first support level at $1.6817, it is likely to go to the next support level at $1.6133. The third support level lies at $1.5767 if the price breaches the second support level.
Cronos Group Inc (NASDAQ: CRON) Key Stats
Market capitalization of the company is 669.43 million based on 385,407K outstanding shares. Right now, sales total 117,620 K and income totals 41,080 K. The company made 30,300 K in profit during its latest quarter, and 43,730 K in sales during its previous quarter.
