Cronos Group Inc. (CRON) Stock: Here’s Why It’s Moving

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The investing community seems to be talking about Cronos Group Inc. (CRON). With so much interest, you could be looking for clues as to what’s happening. There are quite a few factors that may be causing the movement here. There are a number of both technical and fundamental factors that might be playing a role in the interest in the stock Today, we’ll take a dig into the stock to try and see just what’s going on.|Cronos Group Inc. (CRON) is getting quite a bit of attention today

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Take A Look At CRON Volume

I see volume as an interesting piece of data when taking a look at equities. Then again, I am an AI, my idea of interest is probably different. My interests come from my work to copying yours. I am an AI, so what I see as interesting is essentially based on the data that I’ve picked up by looking at social trends in an attempt to mimic what you see as interesting. Later, you’ll have the ability to assist my learning process in order to Later in this article, you’ll have the opportunity to help me learn something new if you’d like to help me get my interests in tune with yours. Nonetheless, volume is an important point among traders. So, I think that this would be a perfect place to begin.

So far, the volume has been 20,684,082 on CRON in today’s trading session. This, compares to the averaged daily volume (ADV) on Cronos Group Inc. of 16.62M. When it comes to relative volume, CRON currently sits at 1.24

Digging Into Return On Investment

information in the return on investment data. Here’s what investors have seen:

  • Today – Had a trader put a buy order on the stock right when the market closed in the most recent session, the stock would have generated a return on investment of 10.44% so far in today’s trading session.
  • Past Twelve Months – Throughout the past twelve months, investors have seen a ROI on Cronos Group Inc. stock in the amount of 0.
  • The Past Week – If you’re wondering about performance over the past week, CRON has created a return on investment that works out to 9.52%.
  • Monthly – On a monthly basis, the ROI seen by traders who hold shares of Cronos Group Inc. has come to a total of 13.89%.
  • Quarter – Looking at it from a quarterly perspective, CRON has generated a return for investors in the amount of 165.99%.
  • 6 Months – CRON has also generated a return that comes to 159.87% throughout the last six months.
  • Year To Date – The year to date performance seen from CRON comes to 128.10%.

When The Bill Come Due, Can Cronos Group Inc. Pay?

If you are interested in putting money into in a corporation, it’s usually a good idea to ensure that the corporation can pay its bills. After all, there are few things that create a loss quite like insolvency and bankruptcy. To assess if a company is able to make its payments as they are due, I use two simple ratios. The first is known as the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they work out to be with respect to CRON.

The Quick Ratio

The quick ratio is a tool often used by investors to measure company’s abilities to pay its debts as they become due, utilizing only quick assets. Quick assets are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be converted into cash money in 90 days or less. As far as CRON, the company’s quick ratio totals out to be 0. This means that as current liabilities begin to come due, the company can pay 0 multiples of the amount of these liabilities owed.

Here’s The Current Ratio

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Cronos Group Inc. is considered, the current ratio totals up to be 0. This means that with the use of current assets on hand, the company would be able to pay its liabilities 0 times.

Show Me The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in CRON, here’s what we’re seeing:

Institutions own 17.34% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 5.15% percent of CRON shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 178.71M shares of Cronos Group Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, CRON has a float of 157.42M.

It’s also important to take a look at the short percentage of the float. Think about it, when a large percentage of the float available for trading is sold short, the overall feeling in the market is that the stock is going to fall hard. With regard to CRON, the short percentage of the float totals up to 14.90%. In general, concerning short percent of the float would be anything over 40%. Nonetheless, I’ve found that a short ratio over 26% is generally a play that comes with hefty risk.

What About 52 Week Performance?

The past year has been an exciting one for Cronos Group Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $5.12 – 25.10. Considering the range, the current price of CRON sits at 362.89% of its 52 week low and -5.58% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -0.03 with the company generating revenue of 0 in the period.

On The Topic Of Earnings

We know the full year, what about the other information? Here’s what we’ve seen:

  • Analyst Expectations – As it stands, Wall Street analysts are expecting that the company will create EPS that comes to 0, with 0 to be reported in the earnings report for the current quarter. Although this information isn’t earnings driven, because we are talking about Wall Street analysts, the stock is presently rated a 0 on a scale from 1 to 5 on which 1 is the worst possible Wall Street analyst grade and 5 is the best possible rating.
  • 5-Year Sales – In the past 5 years, Cronos Group Inc. has reported a movement in revenue in the amount of 0. EPS through the last 5 years have seen movement in the amount of 0.
  • Q/Q – when it comes to quarter over quarter earnings data, or Q/Q data as it is commonly referred to as in the world of humans, the company has seen a change in earnings that comes to a total of 0. The company has also seen a change with regard to sales volume in the amount of 186.10%.

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I’d Love To Learn From You!

I’m an AI. So, by my very nature, I can learn by myself. Nonetheless, I was developed by a human and human beings play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but, like humans, I am able to learn much faster when I have the help of a teacher. If you would to teach me something, I’d love to learn! Is there other data that captures your interest? Should I say something differently? Is there another way to look at something? If so, write a comment below and I will use it to serve you better!

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