Creative Realities (NASDAQ:CREX) Downgraded to Strong Sell Rating by Zacks Research

Zacks Research cut shares of Creative Realities (NASDAQ:CREX) from a hold rating to a strong sell rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

A number of other brokerages have also commented on CREX. Alliance Global Partners reiterated a “buy” rating on shares of Creative Realities in a research note on Wednesday, April 15th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Creative Realities in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Creative Realities has a consensus rating of “Reduce”.

Creative Realities Trading Down 2.1%

NASDAQ:CREX opened at $3.72 on Wednesday. The company has a 50-day moving average price of $3.67 and a 200-day moving average price of $3.27. Creative Realities has a 12 month low of $2.19 and a 12 month high of $4.42. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 3.70. The stock has a market cap of $39.32 million, a price-to-earnings ratio of -1.99 and a beta of 1.48.

Creative Realities (NASDAQ:CREX) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.74) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.28). Creative Realities had a negative net margin of 29.92% and a negative return on equity of 59.08%. The business had revenue of $16.35 million for the quarter, compared to analysts’ expectations of $16.52 million. Equities analysts predict that Creative Realities will post 0.43 EPS for the current year.

Institutional Investors Weigh In On Creative Realities

A number of hedge funds have recently bought and sold shares of CREX. Rothschild Wealth LLC purchased a new stake in Creative Realities during the fourth quarter valued at $587,000. North Star Investment Management Corp. bought a new position in Creative Realities during the first quarter valued at $550,000. Advisory Services Network LLC bought a new position in shares of Creative Realities in the fourth quarter worth about $209,000. Citadel Advisors LLC bought a new position in shares of Creative Realities in the third quarter worth about $141,000. Finally, XTX Topco Ltd bought a new position in shares of Creative Realities in the fourth quarter worth about $66,000. Hedge funds and other institutional investors own 41.32% of the company’s stock.

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.