Creative Media & Community Trust [CMCT] stock prices are up 0.81% to $0.26 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CMCT shares have gain 16.94% over the last week, with a monthly amount drifted -61.71%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, B. Riley Securities started tracking the stock with Buy rating on October 20, 2021, and set its price target to $13.
The stock price of Creative Media & Community Trust [CMCT] has been fluctuating between $0.21 and $41.66 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Creative Media & Community Trust [NASDAQ: CMCT] shares were valued at $0.26 at the most recent close of the market. An investor can expect a potential return of 1438.46% based on the average CMCT price forecast.
Analyzing the CMCT fundamentals
The Creative Media & Community Trust [NASDAQ:CMCT] reported sales of 127.97M for trailing twelve months, representing a drop of -7.61%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2475 points at the first support level, and at 0.2328 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2745, and for the 2nd resistance point, it is at 0.2868.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.04.
