Creative Media & Community Trust (CMCT) concluded trading on Tuesday at a closing price of $0.22, with 23.89 million shares of worth about $5.26 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -91.34% during that period and on December 31, 2024 the price saw a gain of about 39.41%. Currently the company’s common shares owned by public are about 102.08M shares, out of which, 85.64M shares are available for trading.
Stock saw a price change of 82.78% in past 5 days and over the past one month there was a price change of -16.08%. Year-to-date (YTD), CMCT shares are showing a performance of -93.78% which decreased to -93.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.11 but also hit the highest price of $4.40 during that period. The average intraday trading volume for Creative Media & Community Trust shares is 1.37 million. The stock is currently trading 13.36% above its 20-day simple moving average (SMA20), while that difference is down -23.43% for SMA50 and it goes to -88.25% lower than SMA200.
Creative Media & Community Trust (NASDAQ: CMCT) currently have 102.08M outstanding shares and institutions hold larger chunk of about 14.77% of that.
The stock has a current market capitalization of $36.48M and its 3Y-monthly beta is at 0.53. It has posted earnings per share of -$2.87 in the same period. It has a debt-to-equity ratio of 1.40. 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 29.49% while standing at 20.73% over the month.
Analysts are in expectations that Creative Media & Community Trust (CMCT) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.66 in the same quarter a year ago.
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.
