Creative Realities (NASDAQ:CREX) Trading Down 9% – Here’s What Happened

Creative Realities, Inc. (NASDAQ:CREX)’s share price dropped 9% during trading on Monday . The company traded as low as $3.06 and last traded at $3.25. Approximately 115,465 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 148,476 shares. The stock had previously closed at $3.57.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Creative Realities in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Creative Realities Stock Performance

The company has a quick ratio of 0.77, a current ratio of 1.03 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average price of $2.93 and a 200-day moving average price of $2.74. The firm has a market cap of $34.19 million, a price-to-earnings ratio of -3.74 and a beta of 1.43.

Creative Realities (NASDAQ:CREX) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.24). Creative Realities had a negative net margin of 20.64% and a negative return on equity of 10.24%. The firm had revenue of $10.55 million during the quarter, compared to analysts’ expectations of $13.75 million. On average, analysts expect that Creative Realities, Inc. will post -0.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings in Creative Realities by 12.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,279 shares of the company’s stock valued at $65,000 after purchasing an additional 3,584 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Creative Realities by 18.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 48,131 shares of the company’s stock valued at $110,000 after buying an additional 7,560 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Creative Realities in the 3rd quarter valued at approximately $141,000. Finally, Cerity Partners LLC boosted its stake in shares of Creative Realities by 5.1% in the second quarter. Cerity Partners LLC now owns 331,926 shares of the company’s stock valued at $1,119,000 after buying an additional 16,000 shares in the last quarter. 41.32% of the stock is currently owned by institutional investors and hedge funds.

About Creative Realities

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.