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Cronos Group Stock Was 10.16% Up Today

ViaNews Editorial Team

August 31, 2023

Cronos Group Stock Was 10.16% Up Today
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(VIANEWS) - The NASDAQ ended the session with Cronos Group (CRON) jumping 10.16% to $2.06 on Thursday while NASDAQ rose 0.11% to $14,034.97.

Cronos Group's last close was $1.87, 48.29% below its 52-week high of $3.62.

About Cronos Group

Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones brand in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, edibles, concentrates, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under adult-use brands, Spinach. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.

Earnings Per Share

As for profitability, Cronos Group has a trailing twelve months EPS of $-0.39.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -12.1%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Cronos Group's EBITDA is -2.27.

Growth Estimates Quarters

The company's growth estimates for the current quarter and the next is 80% and 95.2%, respectively.

Volatility

Cronos Group's last week, last month's, and last quarter's current intraday variation average was a positive 2.45%, a negative 0.16%, and a positive 2.70%.

Cronos Group's highest amplitude of average volatility was 2.75% (last week), 2.63% (last month), and 2.70% (last quarter).

More news about Cronos Group (CRON).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.