Creatd Inc. [NASDAQ: CRTD] loss -4.56% or -0.19 points to close at $3.98 with a heavy trading volume of 4790104 shares. The company report on July 20, 2021 that Creatd Completes Acquisition of Controlling Stake in Influencer Talent Management Agency, WHE.
– Transaction will be immediately accretive to Creatd’s earnings.
– WHE is expected to generate net revenues of $1.2 to 1.5 million over the next 12 months, from gross sales of over $6.5 million.
It opened the trading session at $3.96, the shares rose to $4.1599 and dropped to $3.70, the range by which the price of stock traded the whole day. The daily chart for CRTD points out that the company has recorded -15.97% loss over the past six months. However, it is still -89.52% lower than its most recent low trading price.
If we look at the average trading volume of 2.86M shares, CRTD reached to a volume of 4790104 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Creatd Inc. [CRTD]:
The Average True Range (ATR) for Creatd Inc. is set at 0.91, with the Price to Sales ratio for CRTD stock in the period of the last 12 months amounting to 30.25. The Price to Book ratio for the last quarter was 19.90.
Trading performance analysis for CRTD stock
Creatd Inc. [CRTD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.48. With this latest performance, CRTD shares gained by 15.70% in over the last four-week period, additionally sinking by -15.97% over the last 6 months – not to mention a drop of -73.99% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CRTD stock in for the last two-week period is set at 51.51, with the RSI for the last a single of trading hit 51.30, and the three-weeks RSI is set at 51.41 for Creatd Inc. [CRTD]. The present Moving Average for the last 50 days of trading for this stock 3.60, while it was recorded at 3.77 for the last single week of trading, and 3.83 for the last 200 days.
Creatd Inc. [CRTD]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Creatd Inc. [CRTD] shares currently have an operating margin of -1343.49. Creatd Inc.’s Net Margin is presently recorded at -1996.32.
When it comes to the capital structure of this company, Creatd Inc. [CRTD] has a Total Debt to Total Equity ratio set at 46.85. Additionally, CRTD Total Debt to Total Capital is recorded at 31.90, with Total Debt to Total Assets ending up at 23.74. Long-Term Debt to Equity for the company is recorded at 6.76, with the Long-Term Debt to Total Capital now at 4.60.
Reflecting on the efficiency of the workforce at the company, Creatd Inc. [CRTD] managed to generate an average of -$576,495 per employee. Receivables Turnover for the company is 15.89 with a Total Asset Turnover recorded at a value of 0.18.Creatd Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.
An analysis of insider ownership at Creatd Inc. [CRTD]
There are presently around $2 million, or 5.40% of CRTD stock, in the hands of institutional investors. The top three institutional holders of CRTD stocks are: KEPOS CAPITAL LP with ownership of 200,000, which is approximately 0% of the company’s market cap and around 3.60% of the total institutional ownership; VANGUARD GROUP INC, holding 132,330 shares of the stock with an approximate value of $0.53 million in CRTD stocks shares; and CM MANAGEMENT, LLC, currently with $0.3 million in CRTD stock with ownership of nearly -53.988% of the company’s market capitalization.
Positions in Creatd Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 12 institutional holders increased their position in Creatd Inc. [NASDAQ:CRTD] by around 321,643 shares. Additionally, 3 investors decreased positions by around 138,285 shares, while 1 investors held positions by with 141,133 shares. The mentioned changes placed institutional holdings at 601,061 shares, according to the latest SEC report filing. CRTD stock had 10 new institutional investments in for a total of 309,710 shares, while 1 institutional investors sold positions of 50,042 shares during the same period.