Cronos Group Inc. (NASDAQ:CRON) went up by 8.17% from its latest closing price compared to the recent 1-year high of $9.37. The company’s stock price has collected 28.78% of gains in the last five trading sessions. MarketWatch.com reported on 01/09/21 that Cannabis stocks stage strong rally as prospect of Democratic Senate spurs reform hopes
Is It Worth Investing in Cronos Group Inc. (NASDAQ :CRON) Right Now?
Cronos Group Inc. (NASDAQ:CRON) scored a price-to-earnings ratio above its average ratio, recording 34.15 x from its present earnings ratio. Opinions of the stock are interesting as 2 analysts out of 13 who provided ratings for Cronos Group Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $6.51. CRON currently public float of 187.61M and currently shorts hold a 15.20% ratio of that float. Today, the average trading volume of CRON was 5.88M shares.
CRON’s Market Performance
CRON stocks went up by 28.78% for the week, with a monthly jump of 17.79% and a quarterly performance of 70.73%, while its annual performance rate touched 44.33%. The volatility ratio for the week stands at 8.57% while the volatility levels for the past 30 days are set at 5.72% for Cronos Group Inc.. The simple moving average for the period of the last 20 days is 25.35% for CRON stocks with a simple moving average of 54.78% for the last 200 days.
CRON Trading at 30.17% from the 50-Day Moving Average
After a stumble in the market that brought CRON to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 4.59% of gains for the given period.
Volatility was left at 5.72%, however, over the last 30 days, the volatility rate increased by 8.57%, as shares surge +20.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +79.16% upper at present.
During the last 5 trading sessions, CRON rose by +28.78%, which changed the moving average for the period of 200-days by +55.06% in comparison to the 20-day moving average, which settled at $7.90. In addition, Cronos Group Inc. saw 41.21% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CRON starting from ADLER JASON MARC, who sale 100,000 shares at the price of $7.33 back on Nov 17. After this action, ADLER JASON MARC now owns 5,479,092 shares of Cronos Group Inc., valued at $733,400 using the latest closing price.
ADLER JASON MARC, the Director of Cronos Group Inc., sale 9,300 shares at $7.30 during a trade that took place back on Nov 11, which means that ADLER JASON MARC is holding 5,579,092 shares at $67,890 based on the most recent closing price.
Stock Fundamentals for CRON
Current profitability levels for the company are sitting at:
- -489.08 for the present operating margin
- -84.06 for the gross margin
The net margin for Cronos Group Inc. stands at +4911.60. The total capital return value is set at -12.28, while invested capital returns managed to touch 124.36.
Based on Cronos Group Inc. (CRON), the company’s capital structure generated 0.41 points at debt to equity in total, while total debt to capital is 0.40. Total debt to assets is 0.34, with long-term debt to equity ratio resting at 0.38. Finally, the long-term debt to capital ratio is 0.38.
When we switch over and look at the enterprise to sales, we see a ratio of 46.74, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 1.90 and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.72.