Creative Realities (NASDAQ:CREX) Trading Up 4.7%

Creative Realities, Inc. (NASDAQ:CREX)’s stock price rose 4.7% on Wednesday . The stock traded as high as $4.70 and last traded at $4.44. Approximately 17,517 shares were traded during trading, a decline of 71% from the average daily volume of 60,737 shares. The stock had previously closed at $4.24.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum began coverage on Creative Realities in a report on Thursday, June 6th. They issued a “buy” rating and a $10.00 price target for the company.

Creative Realities Price Performance

The business’s 50-day moving average price is $4.51 and its two-hundred day moving average price is $3.87. The firm has a market cap of $45.86 million, a price-to-earnings ratio of -20.90 and a beta of 3.30.

Creative Realities (NASDAQ:CREX) last announced its quarterly earnings data on Friday, May 10th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.08. The company had revenue of $12.29 million during the quarter, compared to analyst estimates of $12.30 million. Creative Realities had a negative net margin of 4.31% and a negative return on equity of 2.74%. Equities analysts predict that Creative Realities, Inc. will post 0.14 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Creative Realities stock. Thompson Siegel & Walmsley LLC purchased a new position in Creative Realities, Inc. (NASDAQ:CREX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 43,973 shares of the company’s stock, valued at approximately $206,000. Thompson Siegel & Walmsley LLC owned about 0.42% of Creative Realities as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 41.32% of the company’s stock.

Creative Realities Company Profile

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company's solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and web-based media that enables its customers to engage with their consumers.