Creative Realities (NASDAQ:CREX) Trading Down 6.2% – Here’s What Happened

Creative Realities, Inc. (NASDAQ:CREX) shares dropped 6.2% during trading on Friday . The company traded as low as $3.25 and last traded at $3.31. Approximately 106,310 shares traded hands during mid-day trading, an increase of 273% from the average daily volume of 28,507 shares. The stock had previously closed at $3.53.

Analysts Set New Price Targets

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, the stock has a consensus rating of “Sell”.

Creative Realities Price Performance

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.03 and a quick ratio of 0.77. The company has a market capitalization of $34.82 million, a PE ratio of -3.80 and a beta of 1.36. The firm has a 50-day moving average of $3.42 and a 200 day moving average of $2.97.

Institutional Trading of Creative Realities

A number of large investors have recently made changes to their positions in CREX. XTX Topco Ltd bought a new position in Creative Realities during the fourth quarter valued at approximately $66,000. Citadel Advisors LLC bought a new stake in Creative Realities in the 3rd quarter worth approximately $141,000. Rothschild Wealth LLC bought a new stake in Creative Realities in the 4th quarter worth approximately $587,000. Cerity Partners LLC raised its stake in Creative Realities by 5.1% during the 2nd 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 during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Creative Realities during the 4th quarter valued at $209,000. 41.32% of the stock is currently owned by institutional investors.

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.