With 1.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.59 million shares. The 52-week range on CRON shows that it touched its highest point at $3.14 and its lowest point at $1.60 during that stretch. It currently has a 1-year price target of $2.69. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRON was down-trending over the past week, with a drop of -1.60%, but this was up by 10.12% over a month. Three-month performance dropped to -9.76% while six-month performance fell -14.35%. The stock lost -30.97% in the past year, while it has lost -8.42% so far this year. A look at the trailing 12-month EPS for CRON yields 0.11 with Next year EPS estimates of 0.08. For the next quarter, that number is 0.01. This implies an EPS growth rate of -140.87% for this year and 278.27% for next year.
Float and Shares Shorts:
At present, 382.53 million CRON shares are outstanding with a float of 199.09 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRON since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.08832179 being high and -$0.09420428 being low. For CRON, this leads to a yearly average estimate of -$0.09107855.
