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Tag: CREX

  • Creative Realities Inc. (CREX) stock Soars High After Hours on Beat 2021 Financial Results

    On March 22, Creative Realities Inc. (CREX) declared its financial results for Q4 and fiscal 2021, which ended on December 31, 2021. Consequently, the beat in financial results caused the stock to soar high in the after-hours session.

    Source: US News Money

    The positive anticipation of the earnings had the stock trading in the green during the regular session. It seems investors were looking forward to the earnings with much enthusiasm as the stock added 5.93% intraday trading. At the close of the session, CREX had a value of $0.8580 per share while 8.82 million shares exchanged hands. The volume of the session remained well above the average at 813%. Following the announcement, the stock soared up to add a further 41.03% in the after-hours. Hence, the stock was trading at $1.2100 per share in the after hours. The after-hours session saw a heavy volume of 8.34 million shares.

    The digital marketing technology and solutions provider, Creative Realities Inc. has a market capitalization of $9.72 million. Currently, the company has 12.01 million shares outstanding in the market.

    CREX’s 2021 Financials

    For fiscal 2021, the company reported an increase of 5.6% YOY in revenues to $18.4 million.

    Moreover, the company had a gross profit of $8.4 million with an increase of 3% YOY while the consolidated gross margin decreased to 45.3% in fiscal 2021.

    CREX had a net income of $0.2 million in fiscal 2021, against a net loss of $16.8 million in the previous year.

    Furthermore, the company had adjusted EBITDA of $1.2 million in the year against an adjusted EBITDA loss of $3.2 million in fiscal 2020.

    Merger with Reflect

    On February 18, 2022, the company announced the finalization of its merger with Reflect Systems, Inc. which was previously disclosed in November 2021. Thus, the combined company is currently operating as Creative Realities, Inc. brand name while it continues trading on Nasdaq under ticker “CREX”.

    Headquartered in Louisville, Kentucky, the combined company represents the full integration of the companies’ industry experience, knowledge, and expertise.

    CREX’s Private Placement

    On February 03, the company announced entering into definitive agreements for a private placement with an institutional investor in the U.S. The At-the-Market private placement included the sale and purchase of 1,315,000 common stock shares with warrants at $1.535 per unit and 5,851,505 pre-funded warrants and common warrants at $1.5349 per unit.

    Closed on February 4, 2022, the net proceeds of the offering were intended for funding a portion of the Reflect merger.

  • Creative Realities, Inc. (CREX) Stock Rocketing Higher in Early Trading. Here’s why.

    Creative Realities, Inc. (CREX) Stock Rocketing Higher in Early Trading. Here’s why.

    Creative Realities, Inc. (CREX) is engaged in designing, developing, and deployment of customer experience for enterprise-level platforms. The company is the provider of SaaS across markets including automotive, apparel, food service, theater, and many others.

    The price of CREX stock during the early trading on February 1, 2022, was last checked to be $1.68 with a 17.40% incline.

    CREX: Events and Happenings

    On February 1, 2022, CREX and Reflect Systems, Inc. co-reported their major plan for the deployment of digital experience at multiple localities. The total value of the project is approximately $10 million.

    CREX: CEO Comments

    Speaking at the occasion, CREX CEO Rick Mills stated that the merger project will serve as the basis of the strongest platform in the industry. He further added that this announcement has sent the company’s consumers a new and exciting portfolio that they want to consider.

    On November 17, 2021, CREX reported about the expansion of its partnership with a leading international automotive production Canadian company. The company had been granted additional 440 dealerships by the Canadian giant company. The deployment will complete in Q2 2022.

    On November 12, 2021, CREX reported along with Reflect Systems, Inc. about their definitive combination contract. The merger operated under the name and ticker of Creative Realities.

    CREX: Key Financials

    On November 15, 2021, CREX announced its financial results for the three months ended September 30, 2021. Some of the key points are as follows.

    Revenue and Assets

    Total revenue recorded in Q3 2021 was $4.8 million. The revenue decreased over the period of year by $0.4 million or 7%.

    Net Loss

    Net loss in Q3 2021 was $0.3 million compared to $0.6 million in the same period of 2020. The net loss declined by 41% over the year.

    Conclusion

    CREX Stock outperformed by 17% from the past month. The current early trading increase in stock price is the likely consequence of its multi-million-dollar retail project with a leading company. The financial experts are praising the company for its strong investor-centric policies.

  • 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.

  • 31 stocks trending in pre-market

    31 stocks trending in pre-market

    NIO Limited (NIO) stock soared 2.95% to $42.19 in the pre-market trading following the pricing of offering of 68,000,000 American depositary shares. The most recent rating by Goldman, on December 01, 2020, is a Neutral. NIO Inc.

    Veru Inc. (NASDAQ: VERU) shares are trading up 7.17% at $10.39 at the time of writing after declaring positive Phase 2 clinical trial results for enobosarm, for the treatment of endocrine and chemotherapy resistant ER+/HER2- metastatic breast cancer, which was selected as a Spotlight Presentation at the 2020 San Antonio Breast Cancer Symposium. Company’s 52-week ranged between $2.10 to $7.86. Analysts have a consensus price target of $6.

    Occidental Petroleum Corporation (OXY) stock soared 2.45% to $19.64 in the pre-market trading. The most recent rating by MKM Partners, on December 07, 2020, is a Neutral.

    BioCardia Inc. (BCDA), a Biotechnology company, rose about 9.38% at $4.9 in pre-market trading Tuesday after reporting entry into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share in a registered direct offering priced at-the-market under Nasdaq rules.

    Genius Brands International Inc. (GNUS) gained over 15.85% at $2.12 in pre-market trading Tuesday December 15, 2020. The company recently revealed that it has secured a commitment to receive $100 million in cash on January 15, 2021 from New York-based Mudrick Capital Management as a result of a new first lien debt financing.

    Nikola Corporation (NKLA) is up more than 2.38% at $16.8 in pre-market hours Tuesday December 15, 2020. The stock had dropped over -6.87% to $16.41 in the last trading session.

    Virgin Galactic Holdings Inc. (SPCE) is up more than 2.83% at $27.22 in pre-market hours Tuesday December 15, 2020 following an update on test flight program. The stock had dropped over -17.38% to $26.47 in the last trading session.

    Before the trading started on December 15, 2020, Huntington Bancshares Incorporated (HBAN) is up 2.32% to reach $12.8 after reporting merger with TCF Financial Corporation to create top 10 U.S. regional bank. It has been trading in a 52-week range of $6.82 to $15.63.

    Plug Power Inc. (PLUG) stock soared 2.65% to $26.38 in the pre-market trading. The most recent rating by B. Riley Securities, on November 10, 2020, is a Buy.

    XPeng Inc. (NYSE: XPEV) shares are trading up 3.86% at $48.99 at the time of writing after its P7 super-long range sports sedan received car of the Year 2021 award in Xuanyuan Awards. Company’s 52-week ranged between $17.11 to $74.49. Analysts have a consensus price target of $58.

    AnPac Bio-Medical Science Co. Ltd. (ANPC), a Biotechnology company, dropped about -5.26% at $5.4 in pre-market trading Tuesday following the proclamation from the firm that it has made significant progress in detecting pre-cancer diseases.

    Yamana Gold Inc. (AUY) stock moved up 2.66 percent to $5.4 in the pre-market trading.

    Zynga Inc. (ZNGA) gained over 3.9% at $9.05 in pre-market trading Tuesday December 15, 2020 following the declaration of pricing of offering of $762 million of convertible senior notes.

    IZEA Worldwide Inc. (IZEA) is down more than -5.68% at $0.9243 in pre-market hours Tuesday December 15, 2020 after announcing that it has seen a surge of new customers in Q4 2020. The stock had jumped over 15.00% to $0.98 in the last trading session.

    Cameco Corporation (CCJ) grew over 3.16% at $13.7 in pre-market trading today.

    Before the trading started on December 15, 2020, HEXO Corp. (HEXO) is down -2.8% to reach $0.9817 after releasing its first quarter fiscal 2021 financial results. It has been trading in a 52-week range of $0.35 to $2.30.

    Nano Dimension Ltd. (NNDM) stock soared 1.8% to $6.77 in the pre-market trading. The most recent rating by Maxim Group, on October 21, 2016, is a Buy.

    Teligent Inc. (TLGT) tumbled over -3.53% at $0.78 in pre-market trading today.

    Synlogic Inc. (NASDAQ: SYBX) shares are trading down -5.51% at $2.4 at the time of writing following advancement of SYNB1891 to combination arm dosing with PD-L1 checkpoint inhibitor in the on-going phase 1 study for the treatment of solid tumors and lymphoma. Company’s 52-week ranged between $1.35 to $3.99.

    BioNTech SE (BNTX) stock soared 5.48% to $114.2 in the pre-market trading. The most recent rating by BofA Securities, on December 01, 2020, is a Neutral. Pfizer Inc. (PFE) and BioNTech SE (BNTX) recently declared additional data on neutralizing antibody and T cell responses from the Phase 1/2 trial with BNT162b2 conducted in Germany

    Torchlight Energy Resources Inc. (TRCH) tumbled over -12.14% at $0.543 in pre-market trading today.

    Seelos Therapeutics Inc. (SEEL) stock moved up 5.47 percent to $1.35 in the pre-market trading after revealing the sale of a $12.0 million senior secured convertible note and shares of Seelos common stock to investors.

    Bed Bath & Beyond Inc. (BBBY) gained over 4.35% at $19.69 in pre-market trading Tuesday December 15, 2020 following the declaration of definitive agreement to sell its remaining non-core banner Cost Plus World Market (CPWM) to Kingswood Capital Management, a Los Angeles-based private equity firm.

    Before the trading started on December 15, 2020, Aerpio Pharmaceuticals Inc. (ARPO) is down -3.33% to reach $1.16. It has been trading in a 52-week range of $0.42 to $2.31.

    Before the trading started on December 15, 2020, Energy Fuels Inc. (UUUU) is up 2.94% to reach $3.15 after reporting that it has entered into a three-year supply agreement with The Chemours Company (CC) to acquire a minimum of 2,500 tons per year of natural monazite sands. It has been trading in a 52-week range of $0.78 to $3.10.

    Uranium Energy Corp. (UEC) grew over 5.62% at $1.69 in pre-market trading today after filing fiscal 2021 Q1 quarterly report.

    MicroVision Inc. (MVIS), a Scientific & Technical Instruments company, rose about 5.43% at $3.3 in pre-market trading Tuesday.

    NovaBay Pharmaceuticals Inc. (NBY) is down more than -2.28% at $0.68 in pre-market hours Tuesday December 15, 2020 after reporting that its proprietary hypochlorous acid solution has received U.S. Environmental Protection Agency (EPA) approval for a kill claim against SARS-CoV-2, the virus that causes COVID-19. The stock had jumped over 0.86% to $0.70 in the last trading session.

    vTv Therapeutics Inc. (VTVT), a Biotechnology company, dropped about -10.44% at $2.66 in pre-market trading Tuesday after declaring a licensing agreement with Anteris Bio for worldwide rights to vTv’s novel clinical-stage Nrf2 activator compound, HPP971.

    Socket Mobile Inc. (NASDAQ: SCKT) shares are trading down -15.38% at $2.42 at the time of writing. Company’s 52-week ranged between $0.76 to $4.50.

    ArcelorMittal (MT) grew over 4.3% at $22.08 in pre-market trading today after announcing investment agreement with Invitalia, an Italian state-owned company.

  • Pre-Market Cues: 30 Stocks Roaring for Change On December 14th

    Sonoma Pharmaceuticals Inc. (SNOA) stock plunged -7.53% to $8.1 in the pre-market trading after reporting partnership with Crown Laboratories to launch Microcyn® technology-based anti-itch over-the-counter products.

    Livent Corporation (NYSE: LTHM) shares are trading up 3.6% at $17.0 at the time of writing. Company’s 52-week ranged between $3.95 to $17.53. Analysts have a consensus price target of $16.50.

    Lexicon Pharmaceuticals Inc. (NASDAQ: LXRX) shares are trading down -5.45% at $2.95 at the time of writing after declaring offering of common stock. Company’s 52-week ranged between $1.03 to $5.31.

    NextDecade Corporation (NEXT) is down more than -7.25% at $3.2 in pre-market hours Monday December 14, 2020. The stock had jumped over 38.00% to $3.45 in the last trading session.

    FAT Brands Inc. (FAT) tumbled over -4.06% at $7.57 in pre-market trading today following the announcement from the company that it has entered into an agreement to combine with Fog Cutter Capital Group Inc. (FCCG), the Company’s controlling stockholder.

    Recro Pharma Inc. (REPH) stock soared 3.21% to $3.05 in the pre-market trading. The most recent rating by Stephens, on October 17, 2019, is an Overweight.

    Ampio Pharmaceuticals Inc. (AMPE) stock moved up 3.33 percent to $1.55 in the pre-market trading.

    ReTo Eco-Solutions Inc. (RETO), a Building Materials company, rose about 3.91% at $0.665 in pre-market trading Monday.

    Yiren Digital Ltd. (YRD) lost over -5.36% at $3.0 in pre-market trading Monday December 14, 2020. The firm recently announced that it has entered into two collaborative research agreements to explore new clinical indications for its immunomodulatory drug, Ampion™.

    Before the trading started on December 14, 2020, Sabre Corporation (SABR) is up 3.46% to reach $11.35. It has been trading in a 52-week range of $3.30 to $23.25.

    NantHealth Inc. (NH) is up more than 1.74% at $3.5 in pre-market hours Monday December 14, 2020. The company recently presented during a poster session at the San Antonio Breast Cancer Symposium (SABCS) new significant findings around the adoption of trastuzumab biosimilars in the treatment of HER2-positive breast cancer and the potential clinical and cost benefits of biosimilars. The stock had jumped over 22.42% to $3.44 in the last trading session.

    Torchlight Energy Resources Inc. (TRCH) stock soared 15.79% to $0.88 in the pre-market trading. The most recent rating by ROTH Capital, on March 13, 2020, is a Neutral.

    NIO Limited (NYSE: NIO) shares are trading down -6.38% at $39.3 at the time of writing following the announcement of pricing of offering of 68,000,000 American Depositary Shares. Company’s 52-week ranged between $2.11 to $57.20. Analysts have a consensus price target of $59.

    Lightbridge Corporation (LTBR) is down more than -2.4% at $3.66 in pre-market hours Monday December 14, 2020. The stock had jumped over 12.28% to $3.75 in the last trading session.

    Foresight Autonomous Holdings Ltd. (FRSX) stock moved up 2.31 percent to $1.77 in the pre-market trading after its affiliate, Rail Vision Ltd., has received an order from Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, an affiliate of Knorr-Bremse AG (Frankfurt: KBX), for two samples of their light rail vehicle (LRV) system.

    Before the trading started on December 14, 2020, Hennessy Capital Acquisition Corp. IV (HCAC) is up 2.32% to reach $20.75. It has been trading in a 52-week range of $9.21 to $22.43.

    Inseego Corp. (INSG) stock soared 10.36% to $15.18 in the pre-market trading after reporting that the company is expanding its global footprint in Japan with the launch of its industry-leading 5G MiFi® M2000 mobile hotspot. The most recent rating by ROTH Capital, on August 06, 2020, is a Neutral.

    Mechel PAO (MTL) is down more than -3.66% at $1.84 in pre-market hours Monday December 14, 2020. The stock had jumped over 11.05% to $1.91 in the last trading session.

    JinkoSolar Holding Co. Ltd. (NYSE: JKS) shares are trading up 3.58% at $54.9 at the time of writing after declaring an update to 2020 annual general meeting agenda. Company’s 52-week ranged between $11.42 to $90.20. Analysts have a consensus price target of $55.

    Before the trading started on December 14, 2020, CureVac N.V. (CVAC) is up 6.7% to reach $125.99. It has been trading in a 52-week range of $36.15 to $151.80.

    Xeris Pharmaceuticals Inc. (XERS) grew over 2.84% at $4.7 in pre-market trading today after recent proclamation from company that the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) has adopted a positive Opinion for Ogluo™ (glucagon).

    Teligent Inc. (NASDAQ: TLGT) shares are trading up 85.54% at $1.17 at the time of writing. Company’s 52-week ranged between $0.46 to $6.46. Analysts have a consensus price target of $2.

    Marathon Patent Group Inc. (MARA) gained over 15.58% at $5.49 in pre-market trading Monday December 14, 2020. The firm recently announced a contract with Bitmain to purchase 10,000 Antminer S-19j Pro ASIC Miners.

    Sundial Growers Inc. (NASDAQ: SNDL) shares are trading up 4.64% at $0.53 at the time of writing after reporting that it has received approval to transfer the listing of its common shares to the Nasdaq Capital Market. Company’s 52-week ranged between $0.14 to $3.88.

    Neos Therapeutics Inc. (NEOS) tumbled over -5.61% at $0.6532 in pre-market trading today. The company and Aytu BioScience, Inc. (AYTU) recently declared that they have entered into a definitive merger agreement pursuant to which Neos will merge with a wholly owned subsidiary of Aytu in an all-stock transaction.

    Arbutus Biopharma Corporation (ABUS), a Biotechnology company, rose about 6.14% at $4.15 in pre-market trading Monday. The healthcare firm lately declared additional clinical data from an ongoing Phase 1a/1b clinical trial (AB-729-001) with AB-729, its proprietary GalNAc delivered RNAi compound.

    Greenwich LifeSciences Inc. (GLSI) lost over -16.07% at $47.0 in pre-market trading Monday December 14, 2020 following the publication of a second poster for the GP2 Phase III clinical trial design for recurring breast cancer at the San Antonio Breast Cancer Symposium (SABCS) in a virtual format.

    Veru Inc. (VERU) is up more than 19.12% at $7.57 in pre-market hours Monday December 14, 2020 following the company revealed positive Phase 2 clinical trial results for enobosarm, for the treatment of endocrine and chemotherapy resistant ER+/HER2- metastatic breast cancer. The stock had jumped over 6.45% to $6.36 in the last trading session.

    NanoVibronix Inc. (NAOV) stock plunged -6.36% to $1.03 in the pre-market trading after reporting that it has expanded and replaced its original distribution agreement with Ultra Pain Products, Inc..

    SELLAS Life Sciences Group Inc. (NASDAQ: SLS) shares are trading down -11.23% at $7.43 at the time of writing following the pricing of $16.2 million registered direct offering. Company’s 52-week ranged between $1.46 to $19.38.