Creative Media & Community Trust Co. (NASDAQ:CMCT) Posts Earnings Results

Creative Media & Community Trust Co. (NASDAQ:CMCT) issued its quarterly earnings data on Friday. The real estate investment trust reported ($0.75) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $27.46 million during the quarter. During the same quarter in the previous year, the firm earned ($6.66) earnings per share.

Creative Media & Community Trust Co. Trading Down 4.1 %

NASDAQ:CMCT opened at $0.72 on Friday. Creative Media & Community Trust Co. has a fifty-two week low of $0.63 and a fifty-two week high of $44.02. The company has a debt-to-equity ratio of 438.44, a current ratio of 2.71 and a quick ratio of 2.71. The stock has a market capitalization of $6.23 million, a PE ratio of -0.02 and a beta of 0.42. The business’s 50-day simple moving average is $0.93 and its 200-day simple moving average is $5.61.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Creative Media & Community Trust Co. in a research report on Friday, January 10th. They issued a “sell” rating for the company.

Creative Media & Community Trust Co. Company Profile

Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. It operates through the following segments: Office, Hotel, and Lending.