The stock of Cronos Group Inc (CRON) has gone up by 0.50% for the week, with a -2.88% drop in the past month and a -5.16% drop in the past quarter. The volatility ratio for the week is 3.28%, and the volatility levels for the past 30 days are 3.77% for CRON. The simple moving average for the last 20 days is 2.16% for CRON stock, with a simple moving average of -13.05% for the last 200 days.
Is It Worth Investing in Cronos Group Inc (NASDAQ: CRON) Right Now?
The 36-month beta value for CRON is also noteworthy at 0.98. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CRON is 200.22M, and at present, short sellers hold a 2.46% of that float. The average trading volume of CRON on January 01, 2025 was 1.14M shares.
CRON) stock’s latest price update
Cronos Group Inc (NASDAQ: CRON)’s stock price has increased by 3.59 compared to its previous closing price of 1.95. However, the company has seen a 0.50% increase in its stock price over the last five trading sessions. marijuanastocks.com reported 2024-12-29 that Most marijuana stock investors are excited about the upcoming trading year. 2025 has lots of potential in various fashions that are keeping hopes high for investors and legal operators. To start there has been an increase in demand for more cannabis products. As well as more companies turning higher profits and breaking records almost every quarter. What this does is show others that the cannabis sector regardless of its downtrend is a space where ultimately money can be made. Yet with the large amount of volatile trading, it’s been tough to take profits.
Analysts’ Opinion of CRON
Many brokerage firms have already submitted their reports for CRON stocks, with Bernstein repeating the rating for CRON by listing it as a “Mkt Perform.” The predicted price for CRON in the upcoming period, according to Bernstein is $3 based on the research report published on November 02, 2022 of the previous year 2022.
CRON Trading at -1.99% 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 unable to rebound, for now settling with -35.67% of loss for the given period.
Volatility was left at 3.77%, however, over the last 30 days, the volatility rate increased by 3.28%, as shares sank -2.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.34% lower at present.
During the last 5 trading sessions, CRON rose by +0.50%, which changed the moving average for the period of 200-days by -3.81% in comparison to the 20-day moving average, which settled at $1.9800. In addition, Cronos Group Inc saw -3.35% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CRON
Current profitability levels for the company are sitting at:
- -0.78 for the present operating margin
- 0.15 for the gross margin
The net margin for Cronos Group Inc stands at -0.43. The total capital return value is set at -0.08. Equity return is now at value -4.32, with -4.08 for asset returns.
Currently, EBITDA for the company is -71.8 million with net debt to EBITDA at 13.28. When we switch over and look at the enterprise to sales, we see a ratio of -0.83. The receivables turnover for the company is 3.31for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 24.24.
Conclusion
In summary, Cronos Group Inc (CRON) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
