Previous close | 2.2700 |
Open | 2.2500 |
Bid | 2.3300 x 0 |
Ask | 2.3500 x 0 |
Day's range | 2.2400 - 2.3600 |
52-week range | 2.2400 - 4.8800 |
Volume | |
Avg. volume | 226,534 |
Market cap | 898.726M |
Beta (5Y monthly) | 1.42 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.5300 |
Earnings date | 07 Aug 2023 - 11 Aug 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 3.38 |
The underwhelming Canadian pot market has made it difficult for these businesses to generate any consistent revenue growth.
At this time, I would like to turn the call over to Shayne Laidlaw, investor relations. Thank you, Tanya, and thank you for joining us today to review Cronos' 2023 first quarter financial and business performance. Today, I am joined by our chairman, president, and CEO, Mike Gorenstein; and our CFO, James Holm.
Cronos (CRON) delivered earnings and revenue surprises of 25% and 13.42%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Oncternal Therapeutics (ONCT) delivered earnings and revenue surprises of 4.76% and 1.50%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Ethermint enables the use of Ethereum smart contracts within the Cosmo ecosystem and is employed by several chains, including Cronos, Kava, and Canto.
The company is trying a new path toward vaping success, but it could be a long time before investors know how well it's really doing.
Cronos (CRON) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading on Monday, March 20, 2023:
These three cryptocurrencies are each plunging as a result of contagion fears, but have intriguing catalysts worth considering.
Thank you, Corey, and thank you for joining us today to review Cronos' 2022 fourth quarter and full year financial and business performance. Today, I am joined by our chairman, president, and CEO, Mike Gorenstein and our CFO, James Holm.
Cronos (CRON) delivered earnings and revenue surprises of -180% and 7.20%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Cronos (CRON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cronos has continued to see a marked surge in investor interest thus far this year, as this exchange-related token recovers from the fallout from the FTX and Sam Bankman-Fried fiasco of mid-2022. There's plenty to unpack with the moves seen in this rather diverse set of crypto projects. For Cronos and The Sandbox, two tokens that have been among the hardest hit in 2022 (and that's saying something), any sort of risk-on rally taking place in the broader crypto sector was likely to take these tokens on a much more impressive upward trajectory in the near term.
One has a solid track record of success, while the other has consistently struggled to make its mark.
Much of this move appears to be tied to workforce reductions that the company announced last week. Cost-cutting is great, and in many respects, this should be bullish for Crypto.com's transaction-oriented exchange business.
The tobacco giant is abandoning warrants it held in the marijuana company and may dump some of its stock.
The company's strategy will take time to implement, but it'll make investors a lot richer if it works.
As of 10 a.m. ET, three tokens that have vastly outperformed the market are Cronos (CRYPTO: CRO), The Sandbox (CRYPTO: SAND), and Axie Infinity (CRYPTO: AXS). The Sandbox and Axie Infinity, two popular blockchain-based metaverse games, have also seen speculative interest surge of late. In particular, today's incredible rally in Axie Infinity appears to be tied to a surge in trading volume following an announcement that it will move toward greater decentralization and community control of its strategic direction.
In the case of Crypto.com that reason used to exist in the form of rewards on my staked funds and other benefits such as crypto rewards on my Crypto.com Card spending. The trouble is that the costs involved are now greater than the rewards I receive. In fact, many traditional credit cards offer better rewards.
Most major cryptocurrencies saw marked declines this past week, on growing contagion concerns resulting from the fallout of once-prominent crypto exchange FTX. Thus, it's perhaps unsurprising to note the double-digit declines in popular tokens Cronos (CRYPTO: CRO), Curve DAO (CRYPTO: CRV), and Polygon (CRYPTO: MATIC). It wasn't necessarily the size of the weekly decline for these three cryptos -- which fell 18.2%, 19%, and 12.4%, respectively, as of noon ET on Friday -- that has shocked investors into selling.
Most cryptocurrencies are trading lower Wednesday, with Cardano (CRYPTO: ADA), Chainlink (CRYPTO: LINK), and Cronos (CRYPTO: CRO) among the biggest large-cap decliners. As of 1:15 p.m. ET, those tokens had declined 3.7%, 5%, and 6.8%, respectively, over the prior 24 hours. Most of Wednesday's price action with respect to these tokens appears to be related to the ongoing fallout from the collapse of FTX.
Thank you, Chris, and thank you for joining us today to review Cronos Group's 2022 third-quarter financial and business performance. Today, I am joined by our chairman, president, and CEO, Mike Gorenstein, and our CFO, Bob Madore. Cronos Group issued a news release announcing our financial results this morning, which is filed on our EDGAR and SEDAR profiles.
Cronos (CRON) delivered earnings and revenue surprises of -16.67% and 10.20%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Cronos (CRON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A frothy equity market and some positive developments on the cryptocurrency front were driving altcoins higher in late afternoon trading Tuesday. Shiba Inu (CRYPTO: SHIB) was up nearly 3% across the preceding 24 hours, while Cronos (CRYPTO: CRO) was teasing a 2% gain. Ethereum Classic (CRYPTO: ETC) and Lido Staked Ether (CRYPTO: STETH) were doing even better, with both reaching nearly 9%.