Cronos Group (CRON) Given New C$25.00 Price Target at Cormark

Hand holding up red downward arrow

Hand holding up red downward arrow

Cronos Group Inc., belongs to Healthcare sector and Biotechnology industry. Since the start of the trading session, the stock has hit a high of 19.92 and dropped to a low of 17.71.

The price target set for the stock is $.

Shares of TSE CRON opened at C$24.55 on Wednesday. Investors often pay increased attention to a stock when it is nearing either mark.

When monitoring analyst ratings, investors can use the average brokerage recommendation score to determine the consensus view on the stock. It has a market cap of $3366.97M.

The downgrade of the Cronos Group certainly made investors nervous. Over the past 12 weeks, the stock has changed 63.26%.

Zandberg says the Q4 results for revenue, EBITDA and EPS ($5.6 million, negative $7.9 million and negative $0.04 per share, respectively) were below his estimates of $9.0 million, $1.6 million and $0.1 million, respectively. A stock with a beta more than 1 means high volatile and less than 1 means low volatile. This is a very important data and we can get lot of details from it.

Its distance from 20-days simple moving average is -5.49%, and its distance from 50 days simple moving average is 2.88% while it has a distance of 73.8% from the 200 days simple moving average. We should stay away from such stocks as there is a liquidity risk involved.

A number of other analysts have also recently weighed in on CRON. More people are trading these stocks indicate more people want them in their portfolio. Zacks Investment Research raised Cronos Group from a "strong sell" rating to a "hold" rating in a research note on Monday, February 11th. Looking at recent action, we can see that the stock has been trading near the $18.84 level. The stock generated performance of 85.07% tracking last 3 months and 64.25% over the recent 6 months. Advisory Services Network LLC now owns 2,700 shares of the company's stock worth $28,000 after acquiring an additional 2,400 shares during the last quarter.

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The demerits come after the cannabis investment firm posted a fourth-quarter net loss of US$116 million, US$0.06 per share, on Tuesday, compared with a $0.01 profit the previous year. Cronos Group Inc. (:CRON) has experienced an average volume of 10809459. (:CRON). Taking a peek at the current consensus broker rating, we can see that the ABR is 2.71. Historical volatility refers to the price fluctuations exhibited by the underlying asset (such as stock) over time.

The Cronos Group Inc. exchanged hands with 13500306 shares contrast to its average daily volume of 16.32M shares while its relative volume stands at 0.83. The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close.

Traders may already have a favorite method for applying technical analysis.

Risk administration is a fundamental process used to make investment decisions. Cronos Group Inc. (CRON) traded moved -24.94% from the 50-day high price and spotted a change of 47.76% from the 50-day low point. Presently, the stock has a RSI reading of 42.32.

A beta of 1 indicates that the security's price moves with the market.

The volatility value is used by the investors for various reasons and purposes in measuring the fundamental price change and the rate of variation in CRON's price.

A simple moving average (SMA) is an arithmetic moving average calculated by adding the closing price of the security for some time periods and then dividing this total by the number of time periods. A "Miss" often causes the share price to fall.

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