|Bid||14.57 x 0|
|Ask||14.58 x 0|
|Day's Range||14.51 - 14.92|
|52 Week Range||8.47 - 32.95|
|Beta (3Y Monthly)||4.07|
|PE Ratio (TTM)||20.49|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The consensus target price for Cronos Group stock fell to 19.88 Canadian dollars from 20.3 Canadian dollars in August, which represents a fall of ~2.07%.
Hexo Corp. (TSX:HEXO)(NYSE:HEXO), Canopy Growth Corp. (TSX:WEED)(NYSE:CGC), and Cronos Group Inc. (TSX:CRON)(NASDAQ:CRON) are riding on the marijuana hype but hasn’t delivered the expected gains to investors.
Weed stocks have taken a beating since April. Cronos Group Inc (TSX:CRON)(NASDAQ:CRON), Aurora Cannabis (TSX:ACB)(NYSE:ACB), and CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) are amongst those that have fallen.
Aurora Cannabis posted its fourth-quarter earnings after the market closed on Wednesday. The company posted revenues of 98.9 million Canadian dollars.
On Tuesday, Eight Capital removed its target price for CannTrust Holdings due to uncertainty about the risks involved in the company's future operations.
Cannabis ETFs the ETFMG Alternative Harvest ETF and the Horizons Marijuana Life Sciences Index ETF were up 0.7% and 0.4%, respectively, at 2:15 PM today.
Aphria Inc. (TSX:APHA)(NYSE:APHA), Cronos Group Inc. (TSX:CRON)(NASDAQ:CRON), and Village Farms International, Inc. (TSX:VFF)(NASDAQ:VFF) are collectively restoring the cannabis industry’s image with sterling sales performances.
Cronos Group and Aphria are Jim Cramer's top picks in the cannabis sector. Aphria’s upbeat earnings results restored investors' faith in the sector.
Aurora Cannabis (ACB) stock has been rising before its fourth-quarter earnings on Thursday. The stock has risen 12.4% this month.
The S&P; 500 Index and the DJIA fell 0.3% and 0.1%, respectively, today. However, the cannabis ETFs and the majority of the cannabis stocks were trading in the green.
Aurora Cannabis should report its fourth-quarter earnings results on Thursday. So far, September has been positive. As of Monday, the stock has gained 8.7%.
Cronos Group Inc (TSX:CRON)(NASDAQ:CRON) is one of the best-performing pot stocks in history. If you want to get in on the cannabis craze, a recent pullback could be your big chance.
Between Charlotte's Web Holdings Inc. (TSX:CWEB) and Cronos Group Inc. (TSX:CRON)(NASDAQ:CRON), which is the better CBD buy?
Cannabis ETFs the ETFMG Alternative Harvest ETF and the Horizons Marijuana Life Sciences Index ETF were up 2.0% and 1.7%, respectively, at 1:20 PM today.