Creative Realities (NASDAQ:CREX) Shares Down 6.2% – Here’s Why

Creative Realities, Inc. (NASDAQ:CREX)’s share price traded down 6.2% on Friday . The stock traded as low as $3.57 and last traded at $3.61. 33,286 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 34,665 shares. The stock had previously closed at $3.85.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Zacks Research downgraded shares of Creative Realities from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 20th. Weiss Ratings reissued a “sell (d)” rating on shares of Creative Realities in a research report on Friday, March 27th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Creative Realities in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Creative Realities Stock Performance

The firm’s 50-day moving average price is $3.74 and its two-hundred day moving average price is $3.38. The firm has a market capitalization of $38.16 million, a PE ratio of -1.93 and a beta of 1.48. The company has a quick ratio of 0.55, a current ratio of 0.73 and a debt-to-equity ratio of 3.70.

Creative Realities (NASDAQ:CREX) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.74) EPS for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.28). Creative Realities had a negative net margin of 29.92% and a negative return on equity of 59.08%. The company had revenue of $16.35 million for the quarter, compared to analysts’ expectations of $16.52 million. As a group, research analysts predict that Creative Realities, Inc. will post 0.43 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CREX. Bridgeway Capital Management LLC purchased a new position in Creative Realities during the fourth quarter valued at approximately $26,000. XTX Topco Ltd purchased a new position in Creative Realities during the fourth quarter valued at approximately $66,000. Goldman Sachs Group Inc. grew its position in Creative Realities by 21.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 34,714 shares of the company’s stock valued at $91,000 after purchasing an additional 6,122 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Creative Realities by 18.6% during the third quarter. Dimensional Fund Advisors LP now owns 48,131 shares of the company’s stock valued at $110,000 after purchasing an additional 7,560 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in Creative Realities during the third quarter valued at approximately $141,000. 41.32% of the stock is owned by hedge funds and other institutional investors.

Creative Realities Company Profile

Creative Realities, Inc (NASDAQ: CREX) is a technology company specializing in digital engagement solutions for retail, restaurant, corporate and public-facing environments. Headquartered in Dallas, Texas, the company develops and delivers integrated hardware and software platforms designed to create dynamic, interactive experiences. Its offerings include digital signage networks, interactive kiosks and video training systems, all powered by an enterprise-grade content management system that enables clients to deploy, schedule and monitor multimedia content across multiple locations.

The company’s flagship software platform provides real-time analytics, remote asset management and customizable user interfaces that support both touchscreen and traditional display formats.