Crown ElectroKinetics Corp (NASDAQ: CRKN) Slides 3.38% In Recent Trade, What To Expect Next?

RLX

Crown ElectroKinetics Corp (NASDAQ:CRKN) traded at $0.05 at close of the session on Monday, April 08, made an upward move of 3.38% on its previous day’s price.

Looking at the stock we see that its previous close was $0.05 and the beta (5Y monthly) reads 1.09 . In terms of its 52-week price range, CRKN has a high of $16.66 and a low of $0.05. The company’s stock has lost about -35.29% over that past 30 days.

Crown ElectroKinetics Corp has a market cap of $2.84 million and is expected to release its quarterly earnings report on May 14, 2024 – May 20, 2024.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the CRKN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note the current price level is -9.81% off its SMA20 and -38.88% from its 50-day simple moving average. The RSI (14) is pointing at 32.21 while the volatility over the past week is 11.38% and jumps to 10.02% over the past one month. The beta value is 1.04, while the average true range (ATR) is currently pointing at 0.01.

Coming back to Crown ElectroKinetics Corp (NASDAQ:CRKN), we note that the average 3-month trading volume was 3.07 million, while that of the preceding 10-day period stands at 5.07 million. Current shares outstanding are 51.70 million.

The insiders hold 0.07% of the company’s shares while institutions hold 1.29%. The data shows that short shares as of Mar 15, 2024, stood at 0.69 million at a short ratio of 0.24. This represents a 2.22% short interest in shares outstanding on Mar 15, 2024. Shares short rose in March from the previous month at 0.53 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -62.71% down in year-to-date price movement.

Most Popular