Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Creative Media & Community Trust (NASDAQ: CMCT) closed the day trading at $0.35 down -46.15% from the previous closing price of $0.65. In other words, the price has decreased by -$46.15 from its previous closing price. On the day, 2.01 million shares were traded. CMCT stock price reached its highest trading level at $0.6223 during the session, while it also had its lowest trading level at $0.3368.
Ratios:
For a better understanding of CMCT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.01.
On October 20, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $13.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMCT now has a Market Capitalization of 4644570 and an Enterprise Value of 810854848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04. Its current Enterprise Value per Revenue stands at 6.508 whereas that against EBITDA is 18.762.
Stock Price History:
The Beta on a monthly basis for CMCT is 0.34, which has changed by -0.9048 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, CMCT has reached a high of $44.01, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -60.47%, while the 200-Day Moving Average is calculated to be -96.85%.
Shares Statistics:
Over the past 3-months, CMCT traded about 545.56K shares per day on average, while over the past 10 days, CMCT traded about 301390 shares per day. A total of 13.27M shares are outstanding, with a floating share count of 11.69M. Insiders hold about 11.93% of the company’s shares, while institutions hold 16.31% stake in the company. Shares short for CMCT as of 1739491200 were 151589 with a Short Ratio of 0.34, compared to 1736899200 on 346137. Therefore, it implies a Short% of Shares Outstanding of 151589 and a Short% of Float of 1.3599999999999999.
Dividends & Splits
CMCT’s forward annual dividend rate is 0.17, up from 0.0 a year ago. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 20.61.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.