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Cronos Group Already 7% Up, Almost Five Hours Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than five hours and Cronos Group‘s pre-market value is already 7.14% up.

Cronos Group’s last close was $1.96, 45.8% under its 52-week high of $3.62.

The last session, NASDAQ ended with Cronos Group (CRON) rising 5.38% to $1.96. NASDAQ rose 0.28% to $12,157.72, following the last session’s upward trend on what was a somewhat positive trend trading session.

About Cronos Group

Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones brand in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, edibles, concentrates, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under adult-use brands, Spinach. 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 $-0.46.

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 -13.63%.

Volume

Today’s last reported volume for Cronos Group is 1781735 which is 10.64% below its average volume of 1701790.

Revenue Growth

Year-on-year quarterly revenue growth declined by 11.3%, now sitting on 91.9M for the twelve trailing months.

Sales Growth

Cronos Group’s sales growth is negative 5.1% for the present quarter and 7.6% for the next.

More news about Cronos Group (CRON).

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