Creative Media & Community Trust [NASDAQ: CMCT] surged by $4.42 during the normal trading session on Wednesday and reaching a high of $11.66 during the day while it closed the day at $9.43.
Creative Media & Community Trust stock has also gained 99.37% of its value over the past 7 days. However, CMCT stock has inclined by 25.90% in the 3 months of the year. Over the past six months meanwhile, it has gained 42.23% and lost -90.02% year-on date.
The market cap for CMCT stock reached $7.43 million, with 0.75 million shares outstanding and 0.74 million shares in the current float. Compared to the average trading volume of 42.93K shares, CMCT reached a trading volume of 56834769 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Creative Media & Community Trust [CMCT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMCT shares is $1470.37 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMCT 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.
B. Riley Securities have made an estimate for Creative Media & Community Trust shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 11, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on October 20, 2021, representing the official price target for Creative Media & Community Trust stock.
CMCT stock trade performance evaluation
Creative Media & Community Trust [CMCT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 99.37. With this latest performance, CMCT shares gained by 45.30% in over the last four-week period, additionally plugging by 42.23% over the last 6 months – not to mention a drop of -83.24% 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 CMCT stock in for the last two-week period is set at 69.21, with the RSI for the last a single of trading hit 1.36, and the three-weeks RSI is set at 0.98 for Creative Media & Community Trust [CMCT]. The present Moving Average for the last 50 days of trading for this stock 6.56, while it was recorded at 5.97 for the last single week of trading, and 8.57 for the last 200 days.
Creative Media & Community Trust [CMCT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Creative Media & Community Trust [CMCT] shares currently have an operating margin of 9.12% and a Gross Margin at 16.81%. Creative Media & Community Trust’s Net Margin is presently recorded at -63.83%.
Creative Media & Community Trust (CMCT) Capital Structure & Debt Analysis
According to recent financial data for Creative Media & Community Trust. ( CMCT), the Return on Equity (ROE) stands at -10.85%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -4.03%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Creative Media & Community Trust’s Return on Invested Capital (ROIC) is -10.42%, showcasing its effectiveness in deploying capital for earnings.
Creative Media & Community Trust (CMCT) Efficiency & Liquidity Metrics
Based on Creative Media & Community Trust’s (CMCT) latest financial statements, the Debt-to-Equity Ratio is 1.79%, indicating its reliance on debt financing relative to shareholder equity.
Creative Media & Community Trust (CMCT) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Creative Media & Community Trust. (CMCT) effectively leverages its workforce, generating an average of -$15512000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.57% and a Quick Ratio of 0.57%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Creative Media & Community Trust [CMCT] stock
With the latest financial reports released by the company, Creative Media & Community Trust posted -164.24/share EPS, while the average EPS was predicted by analysts to be reported at -117.63/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -46.61. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CMCT.
Creative Media & Community Trust [CMCT]: Institutional Ownership
There are presently around $6.26%, or 6.68%% of CMCT stock, in the hands of institutional investors. The top three institutional holders of CMCT stocks are: Y.D. MORE INVESTMENTS LTD with ownership of 0.83 million shares, which is approximately 0.0588%. TREASURER OF THE STATE OF NORTH CAROLINA, holding 0.78 million shares of the stock with an approximate value of $$2.1 million in CMCT stocks shares; and TREASURER OF THE STATE OF NORTH CAROLINA, currently with $$1.85 million in CMCT stock with ownership which is approximately 0.0485%.
