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 -36.94% away from its 52-week high, while its distance from the 52-week low is 6.45%. The stock’s price range during this period has varied between $1.86 and $3.14. The company, active in the Healthcare sector, saw a trading volume of around 0.49 million for the day, considerably lower average daily volume of 1.28 million observed over the last three months.
Cronos Group Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $3.14 on 05/16/24, while the lowest price during the same period was $1.86 on 12/20/24.
How Financial Performance Impacts Market Capitalization
Cronos Group Inc (CRON) has experienced a quarterly decline of -8.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 756.95M 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 2.1037, with a change in price of -0.3500. Similarly, Cronos Group Inc recorded 1,108,132 in trading volume during the last 100 days, posting a change of -14.96%.
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 27.08%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 49.88%. Further, the company’s Stochastic %K and %D values for the last 20 days were 46.05% and 41.78%, respectively.
CRON Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -1.98%. However, over the past six months, we’ve seen a stronger performance of -15.74%. The price of CRON fallen by 2.59% over the last 30 days. And in the last five days, it has fallen by 0.00%.
