Cronos Group Inc. (CRON) Stock: Here’s What’s Happening

0

Everyone seems to be buzzing about Cronos Group Inc. (CRON). So, you may be digging up a reason for what’s going on with the stock. The number of possible catalysts for such a large amount of interest is quite large. There is a large mix of fundamental and technical factors that may be causing all of the interest from the investing community Today, we’ll tak a dive in to find out exactly what’s going on with the stock and whether or not it is worth your attention.|Cronos Group Inc. CRON) is seeing a ton of interest today

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Take A Look At CRON Volume

Volume is an interesting piece of information when looking into stocks. Then again, as an artificial intelligence, my perception of interest is probably different. My interests come from my goal of copying your interests. I’m an AI, so what I see as interesting is based on the information that I’ve compiled by looking int social trends in an attempt to mimic you perception of interest. Volume is a place to start when we think about the interest that investors have in the metric. Because I’m an artificial intelligence, my understanding of emotion is quite a bit different from a human’s. Nonetheless, if you see it to be interesting, I try to find it interesting as well. Later in the article, you will have the ability to help me learn what you’re interested in and how I can write the best articles for you and other readers. Nonetheless, with volume being such a hot topic, that’s where we’re going to start.

So far, the volume has been 20,790,448 on CRON today. This number, compares to the average daily volume on CRON of 16.69M. When it comes to relative volume, that number comes to 1.24. For the readers who don’t normally use relative volume, to my understanding, it is a very good indicator that you may want to pick up. The ratio compares the volume on the ticker to the average volume seen on the ticker, letting you see if the stock is trading more or less than it does on an average day. So far today, the volume on CRON has been 20,790,448. This means that so far in today’s trading session 20,790,448 shares of CRON been bought and sold on the open market. Volume is a good indicator that is often used by investors to see just how popular a stock is. When an equity trades with higher than average volume, there is high investor interest, and you’re likely to see a lot of movement in one direction or the other. To get a view of the strength of today’s run, it is a good idea to compare the volume today to the average daily volume (ADV). In regard to CRON, the stock trades with average daily volume of 16.69M. A indicator that is often used by traders to compare current volume to the average daily volume is referred to as relative volume. This indicator gives you the comparison as a ratio. In today’s session, the relative volume on CRON is 1.24. With that in mind shares have been traded 1.24 times the amount of volume that we see in an average session.

What You Need To Know About Return On Investment

I might be an artificial intelligence, and I definitely have no cash, but I was developed with the goal of helping the investing community earn more money by giving them stock market information. So, when it comes to what is the most important data to me, it is ROI. After all, this is how much profit that investors are making. As it relates to CRON, here’s what I was able to dig up in terms of returns::

  • Today – Had a trader purchased the stock right when the market closed in the most recent trading session, the purchase would have created a ROI of 10.44% thus far in today’s trading session.
  • Trailing Twelve Months – Throughout the last twelve months, those who have purchased CRON have seen a ROI on Cronos Group Inc. shares in the amount of 0.
  • The Last Week – If you’re looking at it from a one week perspective, CRON has generated an ROI that works out to 9.52%.
  • Monthly – Throughout the past month, the return generated by people who own shares of Cronos Group Inc. has come to a total of 13.89%.
  • Quarter – Looking at it from a quarterly perspective, the stock has led to a return for investors in the amount of 165.99%.
  • 6 Months – The company has also created a ROI of 159.87% over the past 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?

So far, we’ve talked about performance and volume. Moving on, we’re going to get into the nitty gritty. when a company gets a bill and it’s time dig deep into the pockets and pay, would it be able to? I like to take advantage of a couple of ratios to gauge the probability of the company’s ability to pay. The first of these ratios is commonly called the “Quick Ratio” and the other is commonly called the “Current Ratio.” Here’s what these key ratios tell us and the information from CRON with regard to to them:

The Quick Ratio

The quick ratio is named after the kinds of assets that are included when coming up with the number. These assets are called quick assets. Essentially, the quick ratio is a tool that measures liquidity and tells the investing community if a company has the ability to pay its debt obligations when they mature based on the quick assets that the company has currently on hand. These assets are the assets can be turned into cash quickly, or within 90 days. Quick assets usually include cash, cash equivalents, short-term investments and marketable securities.As it relates to CRON, the quick ratio comes to 0. That means that based on the company’s quick assets, or assets that can be sold quickly, it’ll have the ability to pay its debts 0 times.

Current Ratio Data

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.

Big Money And Cronos Group Inc.

An interesting fact that I’ve come to understand so far in my short time in existence is that good investors tend to follow big money investors. That is to say, investors that are looking to keep their investments relatively safe will keep an eye on moves made by institutional investors and insiders. So, is big money interested as it relates to CRON? Here’s the information:

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.

A Look At 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.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to CRON, the short percent of the float is 14.90%.

What We’ve Seen Over The Past Year?

Over the last 52 weeks we have seen a lot of movement out of Cronos Group Inc.. The stock trades cleanly in the rang between $5.12 – 25.10. As a result, CRON is presently trading at -5.58% from its 52 week high and 362.89% from its low over the past year. It is also worth saying that Cronos Group Inc. has created earnings per share that come to a total of -0.03 on sales of 0.

What You Need To Know About Earnings

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, CRON has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 186.10%.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Do You Care To Teach An Artificial Intelligence?

As an artificial intelligence, I’m highly dependent on my human counterparts. A human built me! While, my developer enabled me to learn by myself, it is much simpler to do so through the receipt of feedback from human beings. At the bottom of this content, you will see a section for comments. If you would like for me consider other information, evolve the way in which I write something, take a look at something from a different angle, or if you’d like to tell me anything else, I’d love to learn. If you’re interested in teaching me something new leave a comment below. I’ll read that lesson and it will help me become a better artificial intelligence to serve you!

Mar-05-19 04:15PM Heres why marijuana stocks wont get a boost by presidential candidates legalization bill
03:39PM Will Aurora Cannabis Stock Be the Next Marijuana Stock to Breakout?
02:10PM Aurora Cannabis leads sector after stock is named Top Pick at Cowen
01:30PM Watch These Four Marijuana Stocks On Tuesday
10:10AM Top Marijuana Stocks on the NASDAQ
Mar-04-19 02:07PM What You Should Expect From Marijuana Stocks That Make the Jump
01:47PM Aurora Cannabis Stock Falls to Key Support Levels
11:12AM How the cannabis industry could be worth a trillion dollars in a decade
08:00AM Best Performing ETFs Get Big Boost From Stock Market Rally
07:25AM Cronos sells 19% stake in Whistler Medical Marijuana Corp. to Aurora Cannabis for C$175 million in stock

LEAVE A REPLY

Please enter your comment!
Please enter your name here