Crumbs Bake Shop Upgraded to “Outperform” by Zacks (CRMB)
Crumbs Bake Shop (NASDAQ:CRMB) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued on Monday, Stock Ratings News reports. The firm currently has a $1.30 price objective on the stock. Zacks‘ target price would indicate a potential upside of 27.45% from the stock’s previous close.
Shares of Crumbs Bake Shop (NASDAQ:CRMB) traded down 5.56% on Monday, hitting $1.02. The stock had a trading volume of 109,887 shares. Crumbs Bake Shop has a one year low of $0.79 and a one year high of $3.49. The stock has a 50-day moving average of $1.11 and a 200-day moving average of $1.38. The company’s market cap is $11.9 million.
Crumbs Bake Shop, Inc, formerly 57th Street General Acquisition Corp., is owner of Crumbs Holdings LLC (NASDAQ:CRMB), a neighborhood bakery and a retailer of cupcakes.
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