CuriosityStream (NASDAQ:CURI) Announces Quarterly Earnings Results

CuriosityStream (NASDAQ:CURI) issued its earnings results on Wednesday. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.05, Zacks reports. CuriosityStream had a return on equity of 0.06% and a net margin of 0.03%.

CuriosityStream Stock Down 1.7%

Shares of NASDAQ CURI traded down $0.04 during midday trading on Wednesday, reaching $2.37. The company had a trading volume of 1,280,756 shares, compared to its average volume of 646,749. The stock has a market cap of $140.64 million, a PE ratio of 237.00 and a beta of 1.81. CuriosityStream has a one year low of $2.30 and a one year high of $5.10. The firm’s fifty day moving average price is $2.77 and its 200-day moving average price is $2.94.

Insider Transactions at CuriosityStream

In related news, CEO Clinton Stinchcomb purchased 30,000 shares of CuriosityStream stock in a transaction that occurred on Thursday, August 27th. The shares were acquired at an average cost of $2.55 per share, for a total transaction of $76,500.00. Following the transaction, the chief executive officer directly owned 3,001,260 shares in the company, valued at $7,653,213. The trade was a 1.01% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 31.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Zacks Research lowered shares of CuriosityStream from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Weiss Ratings raised shares of CuriosityStream from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, November 2nd. Finally, Wall Street Zen upgraded shares of CuriosityStream from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CuriosityStream currently has a consensus rating of “Moderate Buy” and an average target price of $5.00.

CuriosityStream Company Profile

CuriosityStream Inc. is a media and entertainment company that operates a subscription streaming service focused on factual and nonfiction programming. Its content covers subjects such as science, technology, history, nature, space, engineering and society, with documentaries, series and other educational video programs available through digital platforms. The company distributes its programming through its own streaming service and through third-party distribution and technology partners. CuriosityStream has served viewers internationally, offering content through online and connected-TV platforms in multiple markets and making programming available in several languages through subtitles or dubbing.