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

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

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.