Creative Media & Community Trust (NASDAQ: CMCT) is -87.08% lower on its value in year-to-date trading and has touched a low of $0.34 and a high of $44.01 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 $0.35 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $0.29, the stock is -56.59% and -66.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing -16.94% at the moment leaves the stock -97.35% off its SMA200. CMCT registered -99.18% loss for a year compared to 6-month loss of -98.44%. The firm has a 50-day simple moving average (SMA 50) of $0.7492 and a 200-day simple moving average (SMA200) of $1.2636088.
The stock witnessed a -59.67% gain in the last 1 month and extending the period to 3 months gives it a -86.87%, and is -59.56% 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 32.25% over the week and 13.94% over the month.
Creative Media & Community Trust (CMCT) has around 5 employees, a market worth around $3.86M and $127.97M in sales. Profit margin for the company is -56.98%. Distance from 52-week low is -13.69% and -99.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.16%).
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Creative Media & Community Trust (CMCT) Top Institutional Holders
71.0 institutions hold shares in Creative Media & Community Trust (CMCT), with institutional investors hold 24.58% of the company’s shares. The shares outstanding are 13.27M, and float is at 11.69M with Short Float at 1.60%. Institutions hold 23.75% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.69 million shares valued at $1.85 million. The investor’s holdings represent 3.0193% of the CMCT Shares outstanding. As of 2024-06-30, the second largest holder is GOLDMAN SACHS GROUP INC with 0.42 million shares valued at $1.12 million to account for 1.8362 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.31 million shares representing 1.3802% and valued at over $0.84 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.7688 of the shares totaling 0.17 million with a market value of $0.47 million.
Creative Media & Community Trust (CMCT) Insider Activity
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