Barclays PLC Makes New $97,000 Investment in Cronos Group Inc. (NASDAQ:CRON)

Barclays PLC bought a new position in shares of Cronos Group Inc. (NASDAQ:CRON) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 44,345 shares of the company’s stock, valued at approximately $97,000.

Several other hedge funds have also recently modified their holdings of the company. Quantbot Technologies LP bought a new position in shares of Cronos Group during the 3rd quarter worth approximately $37,000. International Assets Investment Management LLC lifted its position in shares of Cronos Group by 119.0% during the 3rd quarter. International Assets Investment Management LLC now owns 41,643 shares of the company’s stock worth $91,000 after buying an additional 22,628 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Cronos Group during the 3rd quarter worth approximately $140,000. Renaissance Technologies LLC raised its holdings in shares of Cronos Group by 37.9% in the 2nd quarter. Renaissance Technologies LLC now owns 464,949 shares of the company’s stock worth $1,083,000 after purchasing an additional 127,753 shares during the period. Finally, Intact Investment Management Inc. raised its holdings in shares of Cronos Group by 89.1% in the 3rd quarter. Intact Investment Management Inc. now owns 377,890 shares of the company’s stock worth $836,000 after purchasing an additional 178,100 shares during the period. Institutional investors own 8.71% of the company’s stock.

Cronos Group Trading Up 0.5 %

NASDAQ:CRON opened at $1.93 on Friday. The stock has a market capitalization of $737.84 million, a PE ratio of -14.85, a price-to-earnings-growth ratio of 1.75 and a beta of 0.97. The firm’s 50 day moving average is $2.01 and its 200 day moving average is $2.16. Cronos Group Inc. has a 12 month low of $1.86 and a 12 month high of $3.14.

Cronos Group Company 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.