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Cronos Group Inc: Weathering Stock Market Storms with 1.03B Market Cap

Cronos Group Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $2.73 on 03/26/24 and a low of $1.64 for the same time frame on 08/08/23.

52-week price history of CRON Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Cronos Group Inc’s current trading price is -1.10% away from its 52-week high, while its distance from the 52-week low is 64.63%. The stock’s price range during the 52-week period has remained between $1.64 and $2.73. In the Healthcare sector, the company’s shares saw a trading volume of around 6.03 million for the day, which was evidently higher than the average daily volume of 2.51 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Cronos Group Inc (CRON) has experienced a quarterly rise of 31.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.03B and boasts a workforce of 356 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.08, with a change in price of +0.96. Similarly, Cronos Group Inc recorded 2,315,674 in trading volume during the last 100 days, posting a change of +55.17%.

Examining CRON’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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, Cronos Group Inc’s raw stochastic average for the last 50 days stands at 96.43%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 96.43%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 87.22% and 87.31%, 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 metric has seen a significant gain of 29.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 27.96%. Over the past 30 days, the price of CRON has fallen by 17.39%. And in the last five days, it has surged by 14.41%.

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