Cronos Group Inc (CRON) Shares Soar Above 1-Year High

Cronos Group Inc (NASDAQ: CRON)’s stock price has soared by 0.93 in relation to previous closing price of 1.89. Nevertheless, the company has seen a loss of -2.68% in its stock price over the last five trading days. globenewswire.com reported 2025-02-24 that TORONTO, Feb. 24, 2025 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 fourth-quarter and full-year earnings conference call on Thursday, February 27, 2025 at 8:30 a.m. ET. Cronos’ senior management team will discuss the Company’s financial results and will be available for questions from the investment community after prepared remarks.

Is It Worth Investing in Cronos Group Inc (NASDAQ: CRON) Right Now?

The 36-month beta value for CRON is at 0.91. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for CRON is 200.22M, and currently, shorts hold a 1.88% of that float. The average trading volume for CRON on February 26, 2025 was 1.42M shares.

CRON’s Market Performance

The stock of Cronos Group Inc (CRON) has seen a -2.68% decrease in the past week, with a 0.93% rise in the past month, and a -6.95% fall in the past quarter. The volatility ratio for the week is 2.49%, and the volatility levels for the past 30 days are at 3.25% for CRON. The simple moving average for the past 20 days is -1.82% for CRON’s stock, with a -13.72% simple moving average for the past 200 days.

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 -2.50% 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 -39.25% of loss for the given period.

Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 2.49%, as shares surge +0.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.57% lower at present.

During the last 5 trading sessions, CRON fell by -3.07%, which changed the moving average for the period of 200-days by -26.36% in comparison to the 20-day moving average, which settled at $1.9425. In addition, Cronos Group Inc saw -5.57% 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.

Based on Cronos Group Inc (CRON), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 15.09.

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 -1.21. 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 conclusion, Cronos Group Inc (CRON) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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