During the last session, Cronos Group Inc (NASDAQ:CRON)’s traded shares were 2.52 million, with the beta value of the company hitting 1.17. At the end of the trading day, the stock’s price was $2.48, reflecting an intraday gain of 0.40% or $0.01. The 52-week high for the CRON share is $2.99, that puts it down -20.56 from that peak though still a striking 33.87% gain since the share price plummeted to a 52-week low of $1.64. The company’s market capitalization is $945.62M, and the average trade volume was 3.04 million shares over the past three months.
Cronos Group Inc (NASDAQ:CRON) trade information
Cronos Group Inc (CRON) registered a 0.40% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.40% in intraday trading to $2.48, hitting a weekly high. The stock’s 5-day price performance is 2.48%, and it has moved by -0.40% in 30 days. Based on these gigs, the overall price performance for the year is 37.78%.
Cronos Group Inc (CRON) estimates and forecasts
Statistics show that Cronos Group Inc has outperformed its competitors in share price, compared to the industry in which it operates. Cronos Group Inc (CRON) shares have gone up 41.71% during the last six months, with a year-to-date growth rate more than the industry average at 90.00% against 10.20. In the rating firms’ projections, revenue will increase 16.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 23.78M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 24.67M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 20.14M and 19.02M respectively. In this case, analysts expect current quarter sales to grow by 18.10% and then jump by 29.70% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -9.06%. While earnings are projected to return 68.92% in 2024, the next five years will return 45.80% per annum.
CRON Dividends
Cronos Group Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
