Cronos Group Stock Number Of Shares Shorted
| CRON Stock | CAD 2.72 0.07 2.51% |
Cronos Group fundamentals help investors to digest information that contributes to Cronos' financial success or failures. It also enables traders to predict the movement of Cronos Stock. The fundamental analysis module provides a way to measure Cronos' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cronos stock.
Cronos | Number Of Shares Shorted |
Cronos Group Company Number Of Shares Shorted Analysis
Cronos' Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Cronos Number Of Shares Shorted | 4.57 M |
Most of Cronos' fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cronos Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cronos Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Cronos is extremely important. It helps to project a fair market value of Cronos Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Cronos' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cronos' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cronos' interrelated accounts and indicators.
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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, Cronos Group has 4.57 M of outstending shares currently sold short by investors. This is 42.77% higher than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The number of shares shorted for all Canada stocks is 2.93% higher than that of the company.
Cronos Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cronos' direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cronos could also be used in its relative valuation, which is a method of valuing Cronos by comparing valuation metrics of similar companies.Cronos is currently under evaluation in number of shares shorted category among its peers.
Cronos Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cronos from analyzing Cronos' financial statements. These drivers represent accounts that assess Cronos' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cronos' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.4B | 2.4B | 1.5B | 939.9M | 795.6M | 946.8M | |
| Enterprise Value | 2.2B | 1.3B | 578.5M | 179.2M | 128.8M | 122.4M |
Cronos Fundamentals
| Return On Equity | -0.0529 | ||||
| Return On Asset | -0.0373 | ||||
| Profit Margin | (0.56) % | ||||
| Operating Margin | (0.54) % | ||||
| Current Valuation | (157.93 M) | ||||
| Shares Outstanding | 382.3 M | ||||
| Shares Owned By Insiders | 46.40 % | ||||
| Shares Owned By Institutions | 15.61 % | ||||
| Number Of Shares Shorted | 4.57 M | ||||
| Price To Earning | 20.66 X | ||||
| Price To Book | 0.69 X | ||||
| Price To Sales | 10.22 X | ||||
| Revenue | 87.24 M | ||||
| Gross Profit | 11.97 M | ||||
| EBITDA | (71.8 M) | ||||
| Net Income | (74.55 M) | ||||
| Cash And Equivalents | 764.64 M | ||||
| Cash Per Share | 3.34 X | ||||
| Total Debt | 2.55 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 4.36 X | ||||
| Book Value Per Share | 2.88 X | ||||
| Cash Flow From Operations | (42.84 M) | ||||
| Short Ratio | 51.99 X | ||||
| Earnings Per Share | (0.17) X | ||||
| Price To Earnings To Growth | (0.54) X | ||||
| Target Price | 3.57 | ||||
| Number Of Employees | 356 | ||||
| Beta | 1.01 | ||||
| Market Capitalization | 1.04 B | ||||
| Total Asset | 1.14 B | ||||
| Retained Earnings | 416.72 M | ||||
| Working Capital | 891.91 M | ||||
| Net Asset | 1.14 B |
About Cronos Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cronos Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cronos using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cronos Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
When determining whether Cronos Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cronos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cronos Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cronos Group Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.