Creative Media & Community Trust Corporation (NASDAQ:CMCT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Creative Media & Community Trust Corporation (NASDAQ:CMCT) to a hold rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Creative Media & Community Trust Corporation in a report on Monday, December 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Creative Media & Community Trust Corporation Stock Performance

Shares of CMCT opened at $3.56 on Friday. The firm has a market cap of $2.81 million, a PE ratio of -0.03 and a beta of 0.45. Creative Media & Community Trust Corporation has a 52-week low of $2.56 and a 52-week high of $73.67. The business’s 50 day moving average price is $5.83 and its two-hundred day moving average price is $6.92.

Hedge Funds Weigh In On Creative Media & Community Trust Corporation

An institutional investor recently bought a new position in Creative Media & Community Trust Corporation stock. Cerity Partners LLC acquired a new position in shares of Creative Media & Community Trust Corporation (NASDAQ:CMCT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 11,173 shares of the real estate investment trust’s stock, valued at approximately $90,000. Cerity Partners LLC owned approximately 1.49% of Creative Media & Community Trust Corporation as of its most recent filing with the Securities and Exchange Commission. 28.34% of the stock is owned by institutional investors.

About Creative Media & Community Trust Corporation

Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. It operates through the following segments: Office, Hotel, and Lending.