Crown ElectroKinetics (NASDAQ:CRKN) Shares Down 4% – Time to Sell?

Crown ElectroKinetics Corp. (NASDAQ:CRKN) fell 4% on Wednesday . The company traded as low as $0.55 and last traded at $0.62. 10,762 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 139,212 shares. The stock had previously closed at $0.65.

Crown ElectroKinetics Price Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.40 and a quick ratio of 1.40. The business’s 50-day moving average price is $1.22 and its two-hundred day moving average price is $2.06.

Institutional Investors Weigh In On Crown ElectroKinetics

An institutional investor recently raised its position in Crown ElectroKinetics stock. IFP Advisors Inc increased its holdings in Crown ElectroKinetics Corp. (NASDAQ:CRKN) by 66.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,000 shares of the company’s stock after buying an additional 20,000 shares during the period. IFP Advisors Inc owned 2.88% of Crown ElectroKinetics worth $138,000 as of its most recent filing with the Securities and Exchange Commission. 5.28% of the stock is currently owned by hedge funds and other institutional investors.

Crown ElectroKinetics Company Profile

Crown ElectroKinetics Corp. engages in the commercialization of electro kinetic technology for use in the smart glass market. It develops and sells optical switching film that can be embedded between glass or applied to the surface of glass or other rigid substrates such as acrylic, to electronically control opacity.