Crown ElectroKinetics Corp. (CRKN) Performance and Fundamentals Dashboard tells a completely different story

Crown ElectroKinetics Corp. (NASDAQ: CRKN) stock jumped 0.52% on Monday to $0.83 against a previous-day closing price of $0.83. With 2.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.77 million shares. During the session, the Specialty Chemicals company that operates in wider Basic Materials sector, reached to the highest price of $0.9100 whereas the lowest price it dropped to was $0.8150. The 52-week range on CRKN shows that it touched its highest point at $36.37 and its lowest point at $0.73 during that stretch. Beta for the stock currently stands at 1.06.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRKN was up-trending over the past week, with a rise of 2.73%, but this was down by -49.59% over a month. Three-month performance dropped to -90.53% while six-month performance fell -91.82%. The stock lost -96.05% in the past year, while it has lost -92.65% so far this year.

Float and Shares Shorts:

At present, 3.02 million CRKN shares are outstanding with a float of 2.97 million shares on hand for trading. On Aug 30, 2023, short shares totaled 0.42 million, which was 13.92% higher than short shares on Jul 30, 2023. In addition to Mr. Douglas B. Croxall as the firm’s Chairman & CEO, Mr. Timothy Koch serves as its Co-Founder & CTO.

Institutional Ownership:

Other institutions hold 1.09% of CRKN, in contrast to 0.33% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in CRKN with 0.69% of the stake, Bard Associates, Inc. holds 20,842 shares worth 20,842. A second-largest stockholder of CRKN, The Vanguard Group, Inc., holds 8,520 shares, controlling over 0.28% of the firm’s shares. Two Sigma Securities LLC is the third largest shareholder in CRKN, holding 2,548 shares or 0.08% stake. With a 0.28% stake in CRKN, the Vanguard Extended Market Index Fu is the largest stakeholder. A total of 8,521 shares are owned by the mutual fund manager. The Fidelity Extended Market Index Fu, which owns about 0.04% of CRKN stock, is the second-largest Mutual Fund holder. It holds 1,187 shares valued at 1460.0. Fidelity Series Total Market Inde holds 0.01% of the stake in CRKN, owning 178 shares worth 219.0.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, CRKN reported revenue of $0.00 and operating income of -$4.47M. Over the past year, revenue came in at $0.00 while operating income stood at -$19.01M. It generated -$4.48M net income for the quarter, which came to -$35.63M over the last twelve months. The EBITDA in the recently reported quarter was -$4.23M and diluted EPS was -$16.35. EBITDA for the full year was -$18.85M.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRKN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With CRKN analysts setting a high price target of $90.00 and a low target of $90.00, the average target price over the next 12 months is $90.00. Based on these targets, CRKN could surge 10743.37% to reach the target high and rise by 10743.37% to reach the target low. Reaching the average price target will result in a growth of 10743.37% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded CRKN stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.

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