Creative Media & Community Trust (CMCT) concluded trading on Thursday at a closing price of $0.69, with 3.46 million shares of worth about $2.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -83.10% during that period and on September 25, 2024 the price saw a loss of about -54.87%. Currently the company’s common shares owned by public are about 23.25M shares, out of which, 11.04M shares are available for trading.
Stock saw a price change of -62.83% in past 5 days and over the past one month there was a price change of -64.69%. Year-to-date (YTD), CMCT shares are showing a performance of -80.86% which decreased to -82.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.41 but also hit the highest price of $4.52 during that period. The average intraday trading volume for Creative Media & Community Trust shares is 22.05K. The stock is currently trading -63.42% below its 20-day simple moving average (SMA20), while that difference is down -65.92% for SMA50 and it goes to -76.80% lower than SMA200.
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Creative Media & Community Trust (NASDAQ: CMCT) currently have 23.25M outstanding shares and institutions hold larger chunk of about 21.74% of that.
The stock has a current market capitalization of $16.10M and its 3Y-monthly beta is at 0.61. It has posted earnings per share of -$2.64 in the same period. It has a debt-to-equity ratio of 1.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CMCT, volatility over the week remained 38.04% while standing at 11.80% over the month.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on April 11, 2024 offering a Neutral rating for the stock and assigned a target price of $4 to it. Coverage by B. Riley Securities stated Creative Media & Community Trust (CMCT) stock as a Buy in their note to investors on October 20, 2021, suggesting a price target of $13 for the stock.
