Cronos Group (NASDAQ:CRON) Stock Rating Upgraded by GMP Securities

Cronos Group (NASDAQ:CRON) was upgraded by investment analysts at GMP Securities from a “hold” rating to a “buy” rating in a report released on Friday, April 6th.

NASDAQ CRON traded down $0.35 during trading hours on Friday, reaching $7.02. 1,869,175 shares of the company were exchanged, compared to its average volume of 2,074,082. Cronos Group has a 1 year low of $1.00 and a 1 year high of $11.90. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.54 and a current ratio of 4.92.

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About Cronos Group

Cronos Group Inc, formerly known as PharmaCan Capital Corp., is a principal investment firm. The firm seeks to invest in companies either licensed, or actively seeking a license, to produce medical marijuana pursuant to Canada’s Marihuana for Medical Purposes Regulations (?MMPR?). The firm typically invests in companies based in Canada.

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