Crown ElectroKinetics Corp (NASDAQ:CRKN) shares, rose in value, with the stock price up by 4.38% to the previous day’s close as strong demand from buyers drove the stock to $0.05.
Actively observing the price movement in the last trading, the stock closed the session at $0.05. Referring to stock’s 52-week performance, its high was $16.66, and the low was $0.04. On the whole, CRKN has fluctuated by -18.03% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CRKN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of CRKN currently trading nearly -5.45% and -29.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.41, while the 7-day volatility ratio is showing 13.88% which for the 30-day chart, stands at 12.45%. Furthermore, Crown ElectroKinetics Corp (CRKN)’s beta value is 1.05, and its average true range (ATR) is 0.01.
A comparison of Crown ElectroKinetics Corp (CRKN) with its peers suggests the former has fared considerably weaker in the market. CRKN showed an intraday change of 4.38% in last session, and over the past year, it shrunk by -99.01%%.
Data on historical trading for Crown ElectroKinetics Corp (NASDAQ:CRKN) indicates that the trading volumes over the past 3 months, they’ve averaged 3.63 million. According to company’s latest data on outstanding shares, there are 51.70 million shares outstanding.
Nearly 1.07% of Crown ElectroKinetics Corp’s shares belong to company insiders and institutional investors own 1.29% of the company’s shares. The stock has fallen by -66.10% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CRKN stock heading into the next quarter.
