Creative Realities, Inc. (NASDAQ:CREX) Sees Significant Drop in Short Interest

Creative Realities, Inc. (NASDAQ:CREX) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 35,919 shares, a decline of 43.1% from the August 31st total of 63,169 shares. Based on an average daily trading volume, of 34,899 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the company’s shares are short sold.

Creative Realities Trading Up 2.0%

Shares of NASDAQ CREX traded up $0.05 during mid-day trading on Wednesday, hitting $2.54. The company’s stock had a trading volume of 12,788 shares, compared to its average volume of 31,970. Creative Realities has a one year low of $2.22 and a one year high of $4.42. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.90 and a quick ratio of 0.75. The stock has a market cap of $34.37 million, a price-to-earnings ratio of -1.20 and a beta of 1.51. The company’s fifty day simple moving average is $2.85 and its 200-day simple moving average is $3.42.

Creative Realities (NASDAQ:CREX) last posted its earnings results on Wednesday, August 12th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.29) by ($0.12). Creative Realities had a negative net margin of 29.29% and a negative return on equity of 88.21%. The firm had revenue of $21.51 million during the quarter, compared to analyst estimates of $21.73 million. On average, sell-side analysts anticipate that Creative Realities will post 0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CREX has been the topic of several recent analyst reports. LADENBURG THALM/SH SH increased their target price on shares of Creative Realities from $7.50 to $8.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of Creative Realities in a research note on Friday, July 17th. Zacks Research raised shares of Creative Realities from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 26th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Creative Realities in a research note on Friday, July 24th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Creative Realities currently has an average rating of “Hold” and a consensus target price of $8.00.

Institutional Trading of Creative Realities

Institutional investors and hedge funds have recently modified their holdings of the company. AWM Investment Company Inc. bought a new stake in shares of Creative Realities during the second quarter worth $826,000. North Star Investment Management Corp. acquired a new position in shares of Creative Realities during the 1st quarter valued at about $550,000. Dimensional Fund Advisors LP boosted its position in shares of Creative Realities by 13.5% in the first quarter. Dimensional Fund Advisors LP now owns 54,890 shares of the company’s stock worth $189,000 after buying an additional 6,513 shares during the period. Finally, BlackRock Inc. acquired a new position in Creative Realities in the second quarter worth about $133,000. 41.32% of the stock is currently owned by institutional investors.

Creative Realities Company Profile

Creative Realities, Inc (NASDAQ: CREX) provides digital marketing technology and customer-experience solutions for businesses and organizations. Its services are designed to help clients communicate with customers through digital signage, in-store media, interactive displays and other connected digital experiences.

The company offers strategy, creative development, software, hardware integration, content management, installation and ongoing support. Its solutions can include menu boards, promotional displays, interactive kiosks, self-service technology, digital merchandising and audience or media analytics.

Creative Realities serves organizations across industries such as retail, restaurants, entertainment, sports and venues, financial services, healthcare and transportation.