Creative Media & Community Trust (NASDAQ:CMCT) traded at $0.25 at close of the session on Monday, March 31 and made an upward move of 12.88% on its previous day’s price.
Looking at the stock we see that its previous close was $0.22 and the beta (5Y monthly) reads 0.448 with the day’s price range being $0.22 – $0.2596. In terms of its 52-week price range, CMCT has a high of $44.01 and a low of $0.21. The company’s stock has lost about -63.56% over that past 30 days.
Creative Media & Community Trust has a market cap of $4.73 million and is expected to release its quarterly earnings report on 2024-Nov-07. With its Forward Dividend at 1.67 and a yield of 664.71%, the company’s investors could be anxious for the CMCT stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the CMCT stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Creative Media & Community Trust (CMCT) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -39.38% off its SMA20 and -59.29% from its 50-day simple moving average. The RSI (14) is pointing at 26.53 while the volatility over the past week is 14.40% and jumps to 18.51% over the past one month. The beta value is 0.68, while the average true range (ATR) is currently pointing at 0.07. The average price target for the stock over the next 12 months is $4, with the estimates having a low of $4 and a high of $4. These price ends are -1500.0% and -1500.0% off the current price level respectively, although investors could be excited at the prospect of a -1500.0% if the CMCT share price touches on the median price of $4.
Coming back to Creative Media & Community Trust (NASDAQ:CMCT), we note that the average 3-month trading volume was 1.02 million, while that of the preceding 10-day period stands at 0.65 million. Current shares outstanding are 18.87 million.
The insiders hold 11.93% of the company’s shares while institutions hold 11.46%. The data shows that short shares as of 2025-03-14, stood at 0.17 million at a short ratio of 0.57. This represents a 96.00 short interest in shares outstanding on 2025-03-14. Shares short rose in March from the previous month at 0.15 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -88.86% down in year-to-date price movement.
