Creative Media & Community Trust (NASDAQ: CMCT) is -93.72% lower on its value in year-to-date trading and has touched a low of $0.25 and a high of $4.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CMCT stock was last observed hovering at around $0.26 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.23, the stock is -38.85% and -69.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -11.07% at the moment leaves the stock -90.34% off its SMA200. CMCT registered -94.20% loss for a year compared to 6-month loss of -92.40%. The firm has a 50-day simple moving average (SMA 50) of $0.73503923 and a 200-day simple moving average (SMA200) of $2.3526323.
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The stock witnessed a -55.44% gain in the last 1 month and extending the period to 3 months gives it a -88.41%, and is -20.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.95% over the week and 14.75% over the month.
Creative Media & Community Trust (CMCT) has around 5 employees, a market worth around $19.71M and $130.51M in sales. Profit margin for the company is -55.61%. Distance from 52-week low is -8.79% and -94.84% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.89%).
68.0 institutions hold shares in Creative Media & Community Trust (CMCT), with institutional investors hold 115.59% of the company’s shares. The shares outstanding are 86.69M, and float is at 71.76M with Short Float at 0.15%. Institutions hold 93.00% of the Float.
The top institutional shareholder in the company is Y.D. MORE INVESTMENTS LTD with over 0.83 million shares valued at $2.24 million. The investor’s holdings represent 3.6596 of the CMCT Shares outstanding. As of 2024-06-30, the second largest holder is TREASURER OF THE STATE OF NORTH CAROLINA with 0.78 million shares valued at $2.1 million to account for 3.4355 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.69 million shares representing 3.0193 and valued at over $1.85 million, while PALE FIRE CAPITAL SE holds 1.9152 of the shares totaling 0.44 million with a market value of $1.17 million.
