In recent trading session, Cronos Group Inc. (NASDAQ:CRON) saw 2,044,017 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $5.22 trading at $0.17 or 3.34% at recent trade assigns it a market valuation of $1.84 Billion. That current trading price of CRON’s stock is at a discount of -102.3% from its 52-week high price of $10.56 and is indicating a premium of 23.37% from its 52-week low price of $4. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.81 Million shares which gives us an average trading volume of 3.47 Million if we extend that period to 3-months.
Cronos Group Inc. (NASDAQ:CRON) trade information
Upright in the green today for gaining 3.34%, in the last five days CRON remained trading in the green while hitting it’s week-highest on Tuesday, Sep 22 when the stock touched $5.41-3 price level, adding 3.43% to its value on the day. Cronos Group Inc.’s shares saw a change of -31.89% in year-to-date performance and have moved -0.3% in past 5-day. Cronos Group Inc. (NASDAQ:CRON) showed a performance of -4.84% in past 30-days. Number of shares sold short was 49.2 Million shares which calculate 14.18 days to cover the short interests.
Cronos Group Inc. (CRON) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 0% while estimates for its earnings growth in next 5 years are of 0%
Cronos Group Inc. (NASDAQ:CRON)’s Major holders
Insiders are in possession of 45.43% of company’s total shares while institution are holding 17.5% percent of that, with stock having share float percentage of 32.07%. Investors also watch the number of corporate investors in a company very closely, which is 350 institutions for Cronos Group Inc. that are currently holding shares of the company. Chescapmanager LLC is the top institutional holder at CRON for having 8.87 Million shares of worth $53.33 Million. And as of June 29, 2020, it was holding 2.54% of the company’s outstanding shares.
The second largest institutional holder is ETF Managers Group, LLC, which was holding about 8.1 Million shares on June 29, 2020. The number of shares represents firm’s hold over 2.31% of outstanding shares, having a total worth of $48.67 Million.
On the other hand, ETF Managers Tr-EFTMG Alternative Harvest ETF and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 8126613 shares of worth $48.84 Million or 2.32% of the total outstanding shares. The later fund manager was in possession of 5.94 Million shares on April 29, 2020, making its stake of worth around $35.3 Million in the company or a holder of 1.7% of company’s stock.