Cronos Group (TSE:CRON) Shares Down 2.1% – Should You Sell?

Cronos Group Inc. (TSE:CRON)’s share price dropped 2.1% on Thursday . The stock traded as low as C$2.82 and last traded at C$2.83. Approximately 24,746 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 128,628 shares. The stock had previously closed at C$2.89.

Cronos Group Stock Down 2.1 %

The stock’s fifty day simple moving average is C$2.88 and its 200-day simple moving average is C$3.02. The stock has a market cap of C$1.08 billion, a P/E ratio of -13.48, a P/E/G ratio of 0.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.19, a quick ratio of 24.01 and a current ratio of 28.29.

Cronos Group Company 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.