Cronos Group (CRON) stock falls from record-highs


Cronos Group (CRON) stock hit record-highs in Tuesday’s trading session, seeing shares of CRON rise nearly 8% by mid-day on higher-than-normal volume. Share are up 54% year over year, with CRON seeing a rise of 86% since Nov. 1. 

Cronos Group Inc is down -4.55% while the S&P 500 is down -0.16% as of 1:14 PM on Wednesday, Jan 23. CRON has fallen -$0.68 from the previous closing price of $15.07 on volume of 10,107,947 shares. Over the past year the S&P 500 is down -7.37% while Cronos Group Inc is higher by 54.56%. CRON lost -$0.02 share in the most-recent quarter.

Stock Score Report, InvestorsObserver’s proprietary scoring system gives CRON a score of 67 out of a possible 100, with an average analysts’ recommendation of Moderate Buy. That score is based on three component scores. A fundamental score of 4, as the stock holds a median target price of $12.90 among Wall Street analysts.  CRON scores a near perfect 99 in both short- and long-term technicals, indicating recent strength in the stock. 

Meanwhile, the major indices are headed in different directions. The Dow Jones Industrial Average is higher by 0.53% to 24,534.62. The NASDAQ is higher by 0.14% to 7,030.34. The S&P 500 is unmoved 0% to 0.02

Symbols: CRON

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