Creative Realities, Inc. (NASDAQ:CREX) Short Interest Down 30.4% in February

Creative Realities, Inc. (NASDAQ:CREX) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 13,300 shares, a decline of 30.4% from the February 13th total of 19,100 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 52,000 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, LADENBURG THALM/SH SH started coverage on Creative Realities in a research note on Monday, December 16th. They set a “buy” rating and a $6.00 price objective on the stock.

Creative Realities Stock Up 1.1 %

Shares of Creative Realities stock opened at $1.90 on Tuesday. Creative Realities has a 52 week low of $1.67 and a 52 week high of $5.20. The business’s fifty day simple moving average is $2.37 and its 200-day simple moving average is $3.31. The firm has a market cap of $19.85 million, a PE ratio of 12.67 and a beta of 3.39.

Creative Realities (NASDAQ:CREX) last announced its quarterly earnings results on Friday, March 14th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.16). Creative Realities had a net margin of 1.38% and a return on equity of 2.62%. The business had revenue of $11.01 million during the quarter, compared to analyst estimates of $10.36 million. During the same period last year, the company earned $0.14 EPS. As a group, equities analysts expect that Creative Realities will post -0.17 earnings per share for the current year.

Hedge Funds Weigh In On Creative Realities

Large investors have recently modified their holdings of the business. Squarepoint Ops LLC acquired a new position in shares of Creative Realities in the 4th quarter valued at $25,000. Legato Capital Management LLC acquired a new position in Creative Realities during the 4th quarter worth about $26,000. Commonwealth Equity Services LLC acquired a new position in Creative Realities during the 4th quarter worth about $37,000. Raymond James Financial Inc. acquired a new position in Creative Realities during the 4th quarter worth about $39,000. Finally, Essex Investment Management Co. LLC lifted its stake in Creative Realities by 51.8% during the 4th quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock worth $95,000 after acquiring an additional 13,289 shares in the last quarter. Institutional investors and hedge funds own 41.32% of the company’s stock.

About Creative Realities

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company’s solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and web-based media that enables its customers to engage with their consumers.