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Cronos Group Already 5% Down, Almost One Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than one hour and Cronos Group‘s pre-market value is already 5.91% down.

Cronos Group’s last close was $2.70, 2.27% higher than its 52-week high of $2.64.

The last session, NASDAQ finished with Cronos Group (CRON) jumping 0.75% to $2.70. NASDAQ jumped 0.03% to $16,253.96, after two successive sessions in a row of gains, on what was a somewhat bullish trend exchanging session.

About Cronos Group

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.

Earnings Per Share

As for profitability, Cronos Group has a trailing twelve months EPS of $-0.3.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -6.3%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 87.24M for the twelve trailing months.

Yearly Top and Bottom Value

Cronos Group’s stock is valued at $2.70 at 09:29 EST, above its 52-week high of $2.64.

Moving Average

Cronos Group’s worth is way higher than its 50-day moving average of $2.09 and way higher than its 200-day moving average of $1.96.

More news about Cronos Group (CRON).

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