Cronos Group (CVE:MJN) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Cronos Group Inc (CVE:MJN)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$12.15 and traded as low as C$11.90. Cronos Group shares last traded at C$12.15, with a volume of 1,388,975 shares traded.

Cronos Group Trading Down 1.9 %

The business’s 50-day simple moving average is C$12.15 and its two-hundred day simple moving average is C$12.15.

Cronos Group Company Profile

Cronos Group Inc, formerly PharmaCan Capital Corp, is a Canada-based cannabis company. The Company operates two Licensed Producers (LPs) regulated within Health Canada’s Access to Cannabis for Medical Purposes Regulations (the ACMPR) and holds a portfolio of investments in other Licensed Producers and ACMPR applicants.