Cronos Group Inc. (CRON) Reaches $7.54 After 4.00% Down Move; WMS Industries Has 1.74 Sentiment

June 7, 2018 - By Marguerite Chambers

WMS Industries Inc (WMS) investors sentiment increased to 1.74 in Q1 2018. It’s up 0.69, from 1.05 in 2017Q4. The ratio increased, as 61 investment managers opened new and increased positions, while 35 sold and decreased their positions in WMS Industries Inc. The investment managers in our database now possess: 42.54 million shares, down from 42.54 million shares in 2017Q4. Also, the number of investment managers holding WMS Industries Inc in top ten positions was flat from 2 to 2 for the same number . Sold All: 8 Reduced: 27 Increased: 38 New Position: 23.

The stock of Cronos Group Inc. (NASDAQ:CRON) is a huge mover today! The stock decreased 4.92% or $0.3899 during the last trading session, reaching $7.5401. About 7.46 million shares traded or 178.69% up from the average. Cronos Group Inc. (NASDAQ:CRON) has risen 244.25% since June 7, 2017 and is uptrending. It has outperformed by 231.68% the S&P500. Some Historical CRON News: ; 21/03/2018 – Cronos Group Inc. Announces $100 M Bought Deal; 18/05/2018 – Cronos Group Appoints Jim Rudyk as Lead Director; 21/03/2018 – GMP SECURITIES, BMO CO-LEAD C$100M CRONOS FINANCING; 21/03/2018 – /C O R R E C T l O N from Source — Cronos Group Inc./; 14/05/2018 – Chescapmanager Buys New 7.4% Position in Cronos Group; 15/05/2018 – Etf Managers Group Buys New 1.2% Position in Cronos Group; 19/03/2018 – CRONOS GROUP INC – MM ENTERPRISES USA, LLC ENTERED INTO AGREEMENT WITH CRONOS GROUP; 21/03/2018 – Cronos Group Inc. Announces $100 Million Bought Deal; 05/03/2018 News On Cronos Group Inc. (MJN.V) Now Under CRON.V; 22/05/2018 – Cronos Group Inc. to Up List and Begin Trading on Toronto Stk ExchangeThe move comes after 8 months negative chart setup for the $1.34 billion company. It was reported on Jun, 7 by Barchart.com. We have $7.24 PT which if reached, will make NASDAQ:CRON worth $53.48M less.




The stock decreased 0.17% or $0.05 during the last trading session, reaching $29.3. About 332,824 shares traded or 28.28% up from the average. Advanced Drainage Systems, Inc. (WMS) has risen 20.95% since June 7, 2017 and is uptrending. It has outperformed by 8.38% the S&P500. Some Historical WMS News: ; 09/05/2018 – Advanced Drainage Closes Above 50-Day Moving Average; 31/05/2018 – BERKSHIRE PARTNERS HOLDINGS LLC – INTEND TO REVIEW THEIR INVESTMENT IN ADVANCED DRAINAGE SYSTEMS ON A CONTINUING BASIS; 21/03/2018 – ADVANCED DRAINAGE EVP, CO-COO FUSSNER TO RETIRE; 29/05/2018 – WMS SEES FY NET SALES $1.38B TO $1.43B, EST. $1.39B; 21/04/2018 – DJ Advanced Drainage Systems Inc, Inst Holders, 1Q 2018 (WMS); 29/05/2018 – Correct: Advanced Drainage Systems Sees FY19 Adjusted EBITDA $220M-$240M; 06/03/2018 Advanced Drainage Systems Launches “ADS Installation Guides” Mobile App; 29/05/2018 – Advanced Drainage Systems Announces Quarterly Cash Dividend; 29/05/2018 – Advanced Drainage Systems Sees FY19 Sales $1.375B-$1.425B; 06/03/2018 – Advanced Drainage Systems Launches “ADS Installation Guides” Mobile App

Analysts await Advanced Drainage Systems, Inc. (NYSE:WMS) to report earnings on August, 2. They expect $0.36 EPS, up 38.46% or $0.10 from last year’s $0.26 per share. WMS’s profit will be $20.36M for 20.35 P/E if the $0.36 EPS becomes a reality. After $-0.11 actual EPS reported by Advanced Drainage Systems, Inc. for the previous quarter, Wall Street now forecasts -427.27% EPS growth.

Berkshire Partners Llc holds 14.53% of its portfolio in Advanced Drainage Systems, Inc. for 5.26 million shares. Ack Asset Management Llc owns 1.58 million shares or 10.26% of their US portfolio. Moreover, Stockbridge Partners Llc has 4.21% invested in the company for 3.76 million shares. The United Kingdom-based Impax Asset Management Ltd has invested 2.96% in the stock. Daiwa Sb Investments Ltd., a Japan-based fund reported 113,556 shares.

Advanced Drainage Systems, Inc. designs, makes, and markets thermoplastic corrugated pipes and related water management products for non-residential, residential, agriculture, and infrastructure applications in the United States and internationally. The company has market cap of $1.66 billion. The firm provides single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products comprising storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It has a 37.76 P/E ratio. It also purchases and distributes construction fabrics, as well as other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage.

More notable recent Cronos Group Inc. (NASDAQ:CRON) news were published by: Fool.com which released: “4 Marijuana Stocks I Wouldn’t Buy” on June 06, 2018, also Seekingalpha.com with their article: “Cronos: Q1 2018 Gave Us Concerns” published on May 17, 2018, Fool.com published: “Better Marijuana Stock: Cronos Group vs. Organigram Holdings” on June 03, 2018. More interesting news about Cronos Group Inc. (NASDAQ:CRON) were released by: Prnewswire.com and their article: “Diversity Leads to Growth in Flourishing Cannabinoid Industries” published on June 07, 2018 as well as Benzinga.com‘s news article titled: “40 Biggest Movers From Yesterday” with publication date: June 07, 2018.

Cronos Group Inc., formerly known as PharmaCan Capital Corp., is a principal investment firm. The company has market cap of $1.34 billion. The firm seeks to invest in companies either licensed, or actively seeking a license, to produce medical marijuana pursuant to Canada's Marihuana for Medical Purposes Regulations . It has a 942.51 P/E ratio. The firm typically invests in companies based in Canada.

Analysts await Cronos Group Inc. (NASDAQ:CRON) to report earnings on August, 27. After $-0.01 actual EPS reported by Cronos Group Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Advanced Drainage Systems, Inc. (NYSE:WMS) Ratings Chart

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