Analysts who follow Cronos Group Inc (CRON) on average expect it to add 39.39% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns Cronos Group Inc an Analyst Ranking of 16, which means it ranks higher than 16 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating CRON a Buy today. Find out what this means to you and get the rest of the rankings on CRON!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Cronos Group Inc Stock Today?
Cronos Group Inc (CRON) stock is trading at $3.09 as of 3:37 PM on Wednesday, Sep 28, an increase of $0.18, or 6.38% from the previous closing price of $2.90. The stock has traded between $2.89 and $3.09 so far today. Volume today is 1,259,319 compared to average volume of 1,543,549.
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