Barclays PLC Purchases Shares of 44,345 Cronos Group Inc. (NASDAQ:CRON)

Barclays PLC purchased a new stake in Cronos Group Inc. (NASDAQ:CRON) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 44,345 shares of the company’s stock, valued at approximately $97,000.

Other large investors have also recently added to or reduced their stakes in the company. Mackenzie Financial Corp acquired a new stake in Cronos Group in the second quarter valued at $3,237,000. International Assets Investment Management LLC lifted its stake in Cronos Group by 119.0% in the third quarter. International Assets Investment Management LLC now owns 41,643 shares of the company’s stock valued at $91,000 after acquiring an additional 22,628 shares during the last quarter. National Bank of Canada FI lifted its stake in Cronos Group by 1,094.4% in the second quarter. National Bank of Canada FI now owns 15,169 shares of the company’s stock valued at $35,000 after acquiring an additional 13,899 shares during the last quarter. Headlands Technologies LLC lifted its stake in Cronos Group by 12,309.4% in the second quarter. Headlands Technologies LLC now owns 27,797 shares of the company’s stock valued at $65,000 after acquiring an additional 27,573 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Cronos Group by 37.9% in the second quarter. Renaissance Technologies LLC now owns 464,949 shares of the company’s stock valued at $1,083,000 after acquiring an additional 127,753 shares during the last quarter. Institutional investors and hedge funds own 8.71% of the company’s stock.

Cronos Group Stock Performance

NASDAQ CRON opened at $2.03 on Thursday. The firm has a 50-day moving average of $2.04 and a 200-day moving average of $2.18. The stock has a market cap of $776.06 million, a PE ratio of -15.62 and a beta of 0.97. Cronos Group Inc. has a 52-week low of $1.86 and a 52-week high of $3.14.

Cronos Group Profile

Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.