At the time of writing, Cronos Group Inc [CRON] stock is trading at $1.99, up 1.53%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CRON shares have gain 4.19% over the last week, with a monthly amount drifted -2.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cronos Group Inc [NASDAQ: CRON] stock has seen the most recent analyst activity on November 02, 2022, when Bernstein initiated its Mkt Perform rating and assigned the stock a price target of $3. Previously, Canaccord Genuity upgraded its rating to Buy on July 28, 2022. On May 11, 2022, upgrade upgraded it’s rating to Sector Outperform. Barclays upgraded its rating to a Equal Weight. Jefferies upgraded its rating to a Hold and reduced its price target to $3.24 on January 27, 2022.
For the past year, the stock price of Cronos Group Inc fluctuated between $1.60 and $2.56. Currently, Wall Street analysts expect the stock to reach $3.43 within the next 12 months. Cronos Group Inc [NASDAQ: CRON] shares were valued at $1.99 at the most recent close of the market. An investor can expect a potential return of 72.36% based on the average CRON price forecast.
Analyzing the CRON fundamentals
According to Cronos Group Inc [NASDAQ:CRON], the company’s sales were 124.59M for trailing twelve months, which represents an 27.58% jump. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at -0.52%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.4%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.05 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Cronos Group Inc [NASDAQ:CRON] has a current ratio of 27.80. As well, the Quick Ratio is 26.75, while the Cash Ratio is 24.14. Considering the valuation of this stock, the price to sales ratio is 6.16, the price to book ratio is 0.72 and price to earnings (TTM) ratio is 15.58.
