Crown ElectroKinetics Corp. (NASDAQ:CRKN) currently has a daily average trading volume of 10.35M but it saw 3397227 shares traded on Wednesday. With a market cap of 7.36M USD, stock’s current market price of $0.16 came rising about 0.97 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.36 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.1589 while lowest mark touched by it was $0.1451.
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Taking a look at 20-day trading activity of Crown ElectroKinetics Corp. (CRKN) gives us an average price of $0.1629, while its current price level is -88.49% below from 52-week high level whereas it is 213.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1443 while that of 200 days or SMA-200 reads an average of $0.2611. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.51% during that period while stretching the period over a month that increases to 27.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.27 which implies that the stock is in neutral territory.
Crown ElectroKinetics Corp. (CRKN)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $1.50 and $1.50 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $1.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $1.50. Average price target assigned by them is $1.50 which highlights an upside potential of 89.33% for the stock over that period. And to attain the median price target of $1.50 assigned by those analysts, stock has to add about 89.33% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
Over the week, CRKN’s stock price is moving -22.14% down while it is 85.65% when we observe its performance for the past one month. Year-to-date it is -17.28% down and over the past year, the stock is showing a downside performance of -83.78%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2022, when its quarterly earnings per share (EPS) of -$0.11 beat the consensus estimate of -$0.28 for the same. The company is expected to be releasing its next quarterly report in 08/14/2023, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0.
Currently, Crown ElectroKinetics Corp.’s total number of outstanding shares is 19.80M with 22.96% of that held by the insiders while 7.73% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -489.10%. Stock has a price to book (P/B) ratio of 5.22. Its return on asset (ROA) is -203.90% on average.
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