logo

[breadcrumb_custom]

Cronos Group Inc (CRON) Stock: Uncovering 52-Week Market Trends

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Cronos Group Inc’s current trading price is -10.23% away from its 52-week high, while its distance from the 52-week low is 44.51%. The stock’s price range during this period has varied between $1.64 and $2.64. The company, active in the Healthcare sector, saw a trading volume of around 1.23 million for the day, considerably lower average daily volume of 2.26 million observed over the last three months.

Cronos Group Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $2.64 on 09/15/23, and the lowest price during that time was $1.64, recorded on 08/08/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

How Financial Performance Impacts Market Capitalization

Cronos Group Inc (CRON) has experienced a quarterly rise of 26.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 903.68M and boasts a workforce of 356 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.04, with a change in price of +0.58. Similarly, Cronos Group Inc recorded 2,052,750 in trading volume during the last 100 days, posting a change of +32.30%.

How CRON’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CRON stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

CRON Stock Stochastic Average

As of today, the raw stochastic average of Cronos Group Inc over the last 50 days is at 94.90%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 94.90%. Further, the company’s Stochastic %K and %D values for the last 20 days were 89.00% and 70.75%, respectively.

CRON Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 13.40% this year. Over the last six months, there has been a weaker performance of 7.24%. The price of CRON fallen by 7.24% during the last 30 days period. For the last 5-days stocks have improved 17.33%.

On Key

Related Posts