WINTON GROUP Ltd Takes $296,000 Position in Cronos Group Inc. (NASDAQ:CRON)

WINTON GROUP Ltd purchased a new stake in Cronos Group Inc. (NASDAQ:CRON) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 127,235 shares of the company’s stock, valued at approximately $296,000.

Other large investors have also recently bought and sold shares of the company. Chesapeake Capital Corp IL bought a new position in Cronos Group in the 4th quarter valued at about $25,000. National Bank of Canada FI increased its holdings in shares of Cronos Group by 1,094.4% during the second quarter. National Bank of Canada FI now owns 15,169 shares of the company’s stock worth $35,000 after purchasing an additional 13,899 shares during the period. Toronto Dominion Bank increased its holdings in shares of Cronos Group by 204.8% during the first quarter. Toronto Dominion Bank now owns 17,054 shares of the company’s stock worth $45,000 after purchasing an additional 11,459 shares during the period. Cedar Wealth Management LLC bought a new position in shares of Cronos Group during the first quarter worth approximately $60,000. Finally, Headlands Technologies LLC increased its holdings in shares of Cronos Group by 12,309.4% during the second quarter. Headlands Technologies LLC now owns 27,797 shares of the company’s stock worth $65,000 after purchasing an additional 27,573 shares during the period. 8.71% of the stock is owned by institutional investors.

Cronos Group Trading Up 0.4 %

NASDAQ CRON opened at $2.27 on Thursday. The firm has a market capitalization of $867.78 million, a price-to-earnings ratio of -15.13 and a beta of 0.97. The firm’s 50 day simple moving average is $2.31 and its 200 day simple moving average is $2.42. Cronos Group Inc. has a 1 year low of $1.70 and a 1 year high of $3.14.

Cronos Group (NASDAQ:CRON) last issued its earnings results on Thursday, August 8th. The company reported ($0.02) earnings per share for the quarter. Cronos Group had a negative net margin of 56.43% and a negative return on equity of 2.06%. The company had revenue of $27.76 million during the quarter, compared to analyst estimates of $25.85 million. During the same quarter in the prior year, the business earned ($0.02) EPS. On average, equities research analysts forecast that Cronos Group Inc. will post -0.05 earnings per share for the current year.

Cronos Group Profile

Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.