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Tag: Creative Realities

  • Creative Realities, Inc. (CREX) Stock Shoots Up as Latest Target of Meme Stock Phenomenon Taking Over Stock Markets

    Creative Realities, Inc. (CREX) Stock Shoots Up as Latest Target of Meme Stock Phenomenon Taking Over Stock Markets

    Creative Realities, Inc. (CREX) stock prices shot up by a significant 15.28% as of the market closing on June 16th2021, bringing the price per share up to USD$2.49 at the end of the trading day. Subsequent premarket fluctuations have seen the stock marginally dip by 0.80%, bringing it down to USD$2.47.

    Meme Stock Phenomenon

    A plethora of stocks have recently been the targets for a coordinated pump and dump by the Reddit-driven retail investors in what has come to be known as the meme stock phenomenon. In the absence of recent news or any fundamental developments, companies sometimes on the brisk of collapse find themselves renewed by the sweeping meme stock craze. CREX seems to be the latest target of the meme stock madness, with the sudden and sharp overnight increase in equity value coming despite a stark lack of news or fundamental developments.

    Gross Profits

    Gross profit for the quarter ended March 31st, 2021 was reported at USD$2.2 million, representing a 39% increase from the gross profit reported for the same quarter of the prior year. Almost half of the USD$0.6 million difference is largely attributable to a period-over-period increase in revenue, with the other half being driven by higher gross profit generated from the sale of Thermal Mirror and Safe Space products.

    Net Income Reports

    Net income for the quarter ended March 31st, 2021 was reported at USD$1.3 million, up from the USD$13.2 million net loss reported for the same quarter of the prior year. This rebounding is largely attributable to a USD$0.3 million increase in the fair value of debt instruments, as well as a USD$1.5 million increase associated with gains on settlement of obligations. At the forefront of these settlements is the forgiveness of the company’s PPP loan for the quarter.

    Registered Direct Offering

    February 18th, 2021 saw the company enter into a securities purchase agreement with institutional investors. As per the agreement, CREX would sell 800,000 shares of its common stock in a registered direct offering, with a price per share of USD$2.50. The net proceeds generated from the offering came out to USD$1.8 million after the deduction of expenses related to the offering.

    Future Outlook for CREX

    Armed with the fortuitous surge in value of their equity, CREX is poised to capitalize on the opportunities presented to it. The company is keen to continue its trajectory of success and usher in more organic growth over the long term. Current and potential investors are hopeful that the management will leverage the resources at their disposal to facilitate significant and sustained increases in shareholder value.

  • Why the Creative Realities Inc (CREX) stock is on rise?

    Creative Realities Inc (CREX), a media company that help clients use the latest Omni channel technologies to inspire better customer services. The company has shown a gain in its stock but there is no clear news about this change. More about the company it deals with designing, developing and also deploys consumer experiences for high-end enterprise level network.

    Unknown reasons for the mount in stock

    If we look at  the previous progress of the company, it has been on the skywalk for past a year with 77.45% whereas for last month the gain has been 62.79% and in the last one week company stock rose for about 8.11%.

    CREX has recently announced that they have signed an agreement with an institutional investor for the purchase and sale of 800,000 shares at a purchase price of $2.50 in a registered direct offering. The offer is expected to close in Feb, 2021 while the focus is the satisfaction of customary closing condition.

    Also In recent time’s social media plays a vital role in breaking or making the deal. About a month ago, company got aware of the wrong information that has been circulated on Twitter through an unauthorized Twitter account, @CRITechExp that is neither sponsored nor endorsed by the company.

     CREX provided a clear information to its investors in order to clarify the wrong information. The company put forward the case to twitter’s team about the infringement of CRI’s name and likeness and ever since the account has been eliminated. The Company has not released any information about the Company via Twitter, and investors should not rely upon the information that was provided via the unauthorized Twitter account. This is maybe why the trust of investors have restored, in the company.

    Conclusion

    Even though the company’s stock have been continuously on rise doesn’t mean that the gain will continue. Therefore the scenario is a bit uncertain since we have always observed that after gaining for some time the stock comes downhill.

  • Pre-Market Cues: 32 Stocks Roaring for Change On December 1st

    Pre-Market Cues: 32 Stocks Roaring for Change On December 1st

    China Automotive Systems Inc. (CAAS) stock soared 2.38% to $10.75 in the pre-market trading after reporting that it shipped approximately 120,000 units from its portfolio of electric power steering products for use in Chinese electric vehicles during 2020. The most recent rating by Brean Murray, on August 15, 2011, is a Hold.
    Before the trading started on December 01, 2020, G1 Therapeutics Inc. (GTHX) is up 4.05% to reach $19.0. It has been trading in a 52-week range of $8.80 to $31.38.
    Sundial Growers Inc. (NASDAQ: SNDL) shares are trading up 29.83% at $0.947 at the time of writing following the announcement its elimination of senior secured second lien convertible notes. Company’s 52-week ranged between $0.14 to $3.88.
    Jaguar Health Inc. (JAGX) grew over 69.45% at $0.5929 in pre-market trading today.
    SuperCom Ltd. (SPCB) stock moved down -10.74 percent to $1.08 in the pre-market trading and the company recently declared that it has secured a contract to provide its PureSecurity Electronic Monitoring (EM) suite in Wisconsin.
    MicroStrategy Incorporated (NASDAQ: MSTR) shares are trading up 4.93% at $359.66 at the time of writing. Company’s 52-week ranged between $90.00 to $280.00. Analysts have a consensus price target of $200.
    Veritone Inc. (VERI) grew over 4.4% at $27.78 in pre-market trading today after announcing that it now supports NVIDIA CUDA for GPU-based AI and machine learning.
    Before the trading started on December 01, 2020, Creative Realities Inc. (CREX) is down -7.26% to reach $1.15. It has been trading in a 52-week range of $0.52 to $5.98.
    Moderna Inc. (MRNA) stock soared 10.32% to $168.5 in the pre-market trading after declaring that the primary efficacy analysis of the Phase 3 study of mRNA-1273 conducted on 196 cases confirms the high efficacy observed at the first interim analysis. The most recent rating by Wells Fargo, on November 23, 2020, is an Equal weight.
    VBI Vaccines Inc. (VBIV), a Biotechnology company, rose about 3.94% at $3.56 in pre-market trading Tuesday.
    Schultze Special Purpose Acquisition Corp. (SAMA) stock moved up 2.86 percent to $12.6 in the pre-market trading after reporting effectiveness of registration statement for proposed business combination with Clever Leaves International Inc.
    Celsion Corporation (CLSN) gained over 5.59% at $0.71 in pre-market trading Tuesday December 01, 2020.
    Nano-X Imaging Ltd. (NNOX) is up more than 5.22% at $64.5 in pre-market hours Tuesday December 01, 2020. The healthcare firm lately announced revised time of live demonstration at the 2020 radiology society of North America virtual annual meeting. The stock had jumped over 17.21% to $61.30 in the last trading session.
    Before the trading started on December 01, 2020, Greenlane Holdings Inc. (GNLN) is up 2.89% to reach $4.27. It has been trading in a 52-week range of $1.02 to $4.20.
    Mogo Inc. (MOGO) stock soared 3.77% to $2.75 in the pre-market trading. The firm recently declared the release of its new updated Mogo app featuring an interactive Rainforest Mode as part of the MogoCard experience. The most recent rating by Raymond James, on July 23, 2020, is an Outperform.
    Altimmune Inc. (NASDAQ: ALT) shares are trading up 9.57% at $13.4 at the time of writing. Company’s 52-week ranged between $1.60 to $35.10. Analysts have a consensus price target of $28.
    Novavax Inc. (NVAX) grew over 6.09% at $148.0 in pre-market trading today following publication its COVID-19 vaccine clinical development progress.
    Marathon Patent Group Inc. (MARA), a Capital Markets company, rose about 7.96% at $6.78 in pre-market trading Tuesday.
    Aphria Inc. (APHA) is up more than 3.46% at $8.67 in pre-market hours Tuesday December 01, 2020. The healthcare company recently revealed that it has closed the accretive, strategic acquisition of SW Brewing Company, LLC. The stock had jumped over 8.41% to $8.38 in the last trading session.
    AquaBounty Technologies Inc. (AQB) gained over 4.31% at $6.05 in pre-market trading Tuesday December 01, 2020.
    Before the trading started on December 01, 2020, ADMA Biologics Inc. (ADMA) is up 2.45% to reach $2.09 following the announcement its commencement of operations and initiation of collections at its newest ADMA BioCenters plasma collection facility located in Maryville, Tennessee. It has been trading in a 52-week range of $1.45 to $4.95.
    CureVac N.V. (CVAC) is down more than -3.12% at $101.89 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 22.29% to $105.17 in the last trading session.
    OrganiGram Holdings Inc. (OGI) gained over 4.26% at $1.47 in pre-market trading Tuesday December 01, 2020 after releasing its results for the fourth quarter ended August 31, 2020.
    FuelCell Energy Inc. (FCEL) is down more than -3.43% at $9.85 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 5.26% to $10.20 in the last trading session.
    SSR Mining Inc. (SSRM) grew over 2.12% at $18.8 in pre-market trading today. The company lately publicized that positive results of the Çöpler District master plan studies.
    Before the trading started on December 01, 2020, Entasis Therapeutics Holdings Inc. (ETTX) is up 4.35% to reach $1.92. It has been trading in a 52-week range of $1.58 to $5.64.
    Luokung Technology Corp. (LKCO) is up more than 2.93% at $0.6 in pre-market hours Tuesday December 01, 2020 after the firm reported that it won bid for Heilongjiang Institute of Technology (“HIT”) Smart Campus first phase procurement project of USD 1.3 million. The stock had jumped over 4.09% to $0.58 in the last trading session.
    Riot Blockchain Inc. (RIOT) is up more than 3.55% at $8.75 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 35.20% to $8.45 in the last trading session.
    Before the trading started on December 01, 2020, Dada Nexus Limited (DADA) is down -4.28% to reach $55.47 after declaring proposed follow-on public offering of American depositary shares. It has been trading in a 52-week range of $14.60 to $56.91.
    Logitech International S.A. (NASDAQ: LOGI) shares are trading down -3.3% at $87.32 at the time of writing. Company’s 52-week ranged between $31.37 to $95.71.
    Advaxis Inc. (ADXS), a Biotechnology company, rose about 11.86% at $0.33 in pre-market trading Tuesday. The biotechnology firm recently declared closing of $9.2 million public offering.
    Arbutus Biopharma Corporation (NASDAQ: ABUS) shares are trading up 11.26% at $5.04 at the time of writing. Company’s 52-week ranged between $0.88 to $9.02. Analysts have a consensus price target of $8.