Crown ElectroKinetics Corp (NASDAQ: CRKN) Surprises The Bears, Looks Good Going Forward

In the last trading session, 6.22 million shares of the Crown ElectroKinetics Corp (NASDAQ:CRKN) were traded, and its beta was 1.26. Most recently the company’s share price was $2.02, and it changed around -$0.17 or -7.76% from the last close, which brings the market valuation of the company to $8.87M. CRKN currently trades at a discount to its 52-week high of $328.50, offering almost -16162.38% off that amount. The share price’s 52-week low was $1.70, which indicates that the current value has risen by an impressive 15.84% since then. We note from Crown ElectroKinetics Corp’s average daily trading volume that its 10-day average is 2.68 million shares, with the 3-month average coming to 972.54K.

Crown ElectroKinetics Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended CRKN as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Crown ElectroKinetics Corp is expected to report earnings per share of 0.0 for the current quarter.

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Crown ElectroKinetics Corp (NASDAQ:CRKN) trade information

Instantly CRKN has showed a red trend with a performance of -7.76% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.95 on recent trading dayincreased the stock’s daily price by 31.53%. The company’s shares are currently down -90.87% year-to-date, but still up 9.19% over the last five days. On the other hand, Crown ElectroKinetics Corp (NASDAQ:CRKN) is -36.48% down in the 30-day period. We can see from the shorts that 0.32 million shares have been sold at a short interest cover period of 0.55 day(s).

Consensus estimates provided by 0.0 financial analysts predict the company will bring in an average of nan in revenue for the current quarter. 0.0 analysts expect Crown ElectroKinetics Corp to make nan in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were nan and nan respectively. Forecasts for the next quarter put sales growth at nan.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 32.53%.

CRKN Dividends

Crown ElectroKinetics Corp’s next quarterly earnings report is expected to be released in September.

Crown ElectroKinetics Corp (NASDAQ:CRKN)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.02% of Crown ElectroKinetics Corp shares, and 0.78% of them are in the hands of institutional investors. The stock currently has a share float of 0.78%.

Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Jun 30, 2024 . The former held 2.03 shares worth $4104.0, making up 0.05% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 57.0 shares worth around $115.0, which represents about 0.00% of the total shares outstanding.