Creative Realities (NASDAQ:CREX) Rating Lowered to Strong Sell at Zacks Research

Creative Realities (NASDAQ:CREX) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other research firms also recently weighed in on CREX. Weiss Ratings restated a “sell (d)” rating on shares of Creative Realities in a research note on Friday, March 27th. Alliance Global Partners reissued a “buy” rating on shares of Creative Realities in a report on Wednesday, April 15th. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

Creative Realities Trading Down 2.1%

Shares of NASDAQ CREX opened at $3.72 on Wednesday. Creative Realities has a 1 year low of $2.19 and a 1 year high of $4.42. The company has a debt-to-equity ratio of 3.70, a current ratio of 0.73 and a quick ratio of 0.67. The firm has a 50-day moving average of $3.67 and a 200 day moving average of $3.27. The stock has a market cap of $39.32 million, a P/E ratio of -1.99 and a beta of 1.48.

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

Institutional Investors Weigh In On Creative Realities

A number of institutional investors have recently made changes to their positions in CREX. Bridgeway Capital Management LLC bought a new stake in shares of Creative Realities during the fourth quarter valued at approximately $26,000. XTX Topco Ltd bought a new position in Creative Realities in the 4th quarter valued at approximately $66,000. Goldman Sachs Group Inc. boosted its stake in Creative Realities by 21.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 34,714 shares of the company’s stock valued at $91,000 after purchasing an additional 6,122 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Creative Realities by 18.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 48,131 shares of the company’s stock valued at $110,000 after purchasing an additional 7,560 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of Creative Realities in the 3rd quarter worth $141,000. 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.