Friday, October 18, 2024
HomeMackenzie Financial Corp has acquired a new stake in Cronos Group Inc....

Mackenzie Financial Corp has acquired a new stake in Cronos Group Inc. (NASDAQ: CRON).

Mackenzie Financial Corp purchased a new position in Cronos Group Inc. (NASDAQ:CRON – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,387,906 shares of the company’s stock, valued at approximately $3,237,000. Mackenzie Financial Corp owned approximately 0.36% of Cronos [...]


Several institutional investors recently bought and sold shares of Cronos Group. ClariVest Asset Management LLC increased its stake in the company by 2.8% in the second quarter. Toronto Dominion Bank also raised its position in Cronos Group by 204.8% in the 1st quarter. National Bank of Canada FI saw a 1,094.4% boost in its shares during the 2nd quarter. Cedar Wealth Management LLC and SeaCrest Wealth Management LLC also saw increases in their holdings. 8.71% of the stock is owned by hedge funds and other institutional investors.

Cronos Group Price Performance

Cronos Group stock opened at $2.13 on Wednesday, with a 52-week range of $1.70 to $3.14. The stock has a market capitalization of $814.26 million, a PE ratio of -14.20, and a beta of 0.97.

Cronos Group (NASDAQ:CRONGet Free Report) reported ($0.02) earnings per share and $27.76 million in revenue for the quarter ended August 8th. Analysts expect Cronos Group Inc. to post -0.05 EPS for the current fiscal year.

About Cronos Group

(Free Report) Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production, and marketing of cannabis products in Canada, Israel, and Germany.

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Institutional Ownership by Quarter for Cronos Group (NASDAQ:CRON)


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