How have the shares performed?
Creatd Inc. (CRTD) saw an uptrend of 4.03% in the recent trading with $4.13 being its most recent. The current price level -78.72% lower than the highest price of $19.41 marked by the stock while trading over the past 52-weeks, whereas it is 96.67% higher than the lowest price of $2.10 the company dropped to over past 52-weeks. The latest news story on CRTD appeared in PR Newswire under the title “Creatd Announces Proposed Public Offering of Common Stock” on Jun-16-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -7.81% below one month high and is +51.28% above of the lowest during that time. Looking into the simple moving average, Creatd Inc. (CRTD)’s stock stands at a SMA-50 of $3.61 while that of 5-day is reading $3.98.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and CRTD’s SMA-200 as of now is $3.97.
Creatd Inc. Earnings – What Happened With CRTD
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Creatd Inc. (CRTD) last released financial results for the quarter that ended 9/29/2020, posting a surprise factor of -384.80% for net revenue. During the reported three-month period, company’s sales were $743.9 million while analysts on average were estimating the same to be $0.17 million.
CRTD – Creatd Inc. Stock Earnings Estimates
The perspective of Creatd Inc. (NASDAQ:CRTD)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.66 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -3.2.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 9.84 million. CRTD does have institutional investors; and they hold 5.50% of the stock.
Creatd Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 17 new insider purchases involving 19,662 shares. On the other hand, CRTD declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 30, 2021, Kepos Capital Lp was the top most holder in Creatd Inc. (NASDAQ:CRTD) with an ownership of 0.2 million shares of the company or 1.82% of the stake worth $0.86 million. The filing also reveals Vanguard Group, Inc. (The) as the second largest holder in the company with a control over 1.20% of the outstanding shares. Its stake is worth $0.57 million for having 0.13 million shares in hand.
CM Management, LLC also came holding a key position in the company during the recent quarter and it now holds 0.68% of the outstanding shares. With this there are now 17 institutions which have possession in CRTD’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Creatd Inc. was 1.63 while posting a debt to equity ratio of 0.90. The count was 6.76 for long-term debt to equity ratio.
Technical Analysis of Creatd Inc. (NASDAQ:CRTD) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Creatd Inc. (CRTD), we notice that the stock’s 20-day average volume is at 265,930 shares. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 389,250 shares. And to end, CRTD’s 100-day average volume is 568,767 shares with 50% of the long-term indicators pointing towards Buy for the stock.