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Cronos Group (CRON) Catches Eye: Stock Jumps 9.3%

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Cronos Group Inc. CRON was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 37.6% in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Cronos Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative. 

Cronos Group Inc. Price

Cronos Group Inc. Price
Cronos Group Inc. Price

Cronos Group Inc. price | Cronos Group Inc. Quote

A better-ranked stock in the Medical - Drugs industry is Bellicum Pharmaceuticals, Inc. BLCM, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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