Cre8 Enterprise (NASDAQ:CRE) Stock Price Up 12.3% – Still a Buy?

Shares of Cre8 Enterprise Limited (NASDAQ:CRE) rose 12.3% on Thursday . The stock traded as high as $3.71 and last traded at $3.10. Approximately 117,592 shares were traded during trading, a decline of 86% from the average daily volume of 819,784 shares. The stock had previously closed at $2.76.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings initiated coverage on Cre8 Enterprise in a research report on Wednesday, January 14th. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Cre8 Enterprise Stock Down 9.4%

The stock’s fifty day moving average is $2.72.

Cre8 Enterprise (NASDAQ:CRE) last issued its quarterly earnings data on Friday, April 24th. The company reported ($0.10) EPS for the quarter. The business had revenue of $4.67 million during the quarter.

About Cre8 Enterprise

Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants and private companies in the finance and capital market principally in Hong Kong under its brand, Cre8. The services cover concept creation and artwork design, typesetting, proofreading, translation, printing, binding, logistics arrangement, uploading or making e-submissions of customers’ financial reports and compliance documents and media placements. Cre8 Enterprise Limited is based in Hong Kong.