why Crown ElectroKinetics Corp [CRKN] is a Good Choice for Investors After New Price Target of $13500.00

Crown ElectroKinetics Corp [NASDAQ: CRKN] stock went on an upward path that rose over 56.84% on Friday, amounting to a one-week price increase of more than 21.24%.

Over the last 12 months, CRKN stock dropped by -99.31%. The one-year Crown ElectroKinetics Corp stock forecast points to a potential upside of 100.0. The average equity rating for CRKN stock is currently 3.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $28.94 million, with 231.49 million shares outstanding and 231.36 million shares in the current float. Compared to the average trading volume of 30.01M shares, CRKN stock reached a trading volume of 739980185 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Crown ElectroKinetics Corp [CRKN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRKN shares is $13500.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRKN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Crown ElectroKinetics Corp is set at 0.04, with the Price to Sales ratio for CRKN stock in the period of the last 12 months amounting to 2.15. The Price to Book ratio for the last quarter was 0.08, with the Price to Cash per share for the same quarter was set at 0.01.

CRKN Stock Performance Analysis:

Crown ElectroKinetics Corp [CRKN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.24. With this latest performance, CRKN shares dropped by -36.61% in over the last four-week period, additionally sinking by -96.85% over the last 6 months – not to mention a drop of -99.31% 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 CRKN stock in for the last two-week period is set at 32.61, with the RSI for the last a single of trading hit 46.23, and the three-weeks RSI is set at 28.38 for Crown ElectroKinetics Corp [CRKN]. The present Moving Average for the last 50 days of trading for this stock 0.3820, while it was recorded at 0.0919 for the last single week of trading, and 4.1966 for the last 200 days.

Insight into Crown ElectroKinetics Corp Fundamentals:

Crown ElectroKinetics Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.

Crown ElectroKinetics Corp [CRKN] Institutonal Ownership Details

There are presently around $0.44%, or 0.44%% of CRKN stock, in the hands of institutional investors.