(VIANEWS) – The NASDAQ ended the session with Cronos Group (CRON) jumping 11.57% to $2.51 on Wednesday while NASDAQ rose 0.29% to $13,813.58.
Cronos Group’s last close was $2.25, 37.78% under its 52-week high of $3.62.
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 $-0.4.
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 -12.1%.
Moving Average
Cronos Group’s value is way higher than its 50-day moving average of $1.85 and way above its 200-day moving average of $2.16.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.9%, now sitting on 86.11M for the twelve trailing months.
More news about Cronos Group (CRON).
