Creative Realities (NASDAQ:CREX) Shares Down 6.2% – Here’s Why

Creative Realities, Inc. (NASDAQ:CREX)’s stock price fell 6.2% during mid-day trading on Friday . The company traded as low as $3.25 and last traded at $3.31. 106,310 shares changed hands during trading, an increase of 273% from the average session volume of 28,507 shares. The stock had previously closed at $3.53.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Creative Realities in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Creative Realities Price Performance

The firm has a market capitalization of $34.82 million, a price-to-earnings ratio of -3.80 and a beta of 1.36. The company’s 50 day moving average is $3.42 and its 200 day moving average is $2.98. The company has a quick ratio of 0.77, a current ratio of 1.03 and a debt-to-equity ratio of 0.15.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CREX. Bridgeway Capital Management LLC bought a new stake in shares of Creative Realities in the fourth quarter valued at approximately $26,000. XTX Topco Ltd bought a new position in Creative Realities during the 4th quarter worth $66,000. Goldman Sachs Group Inc. increased its stake in Creative Realities by 21.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 34,714 shares of the company’s stock worth $91,000 after acquiring an additional 6,122 shares during the period. Dimensional Fund Advisors LP raised its holdings in Creative Realities by 18.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 48,131 shares of the company’s stock valued at $110,000 after acquiring an additional 7,560 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in Creative Realities in the 3rd quarter valued at $141,000. 41.32% of the stock is owned by institutional investors.

About Creative Realities

Creative Realities, Inc (NASDAQ: CREX) is a technology company specializing in digital engagement solutions for retail, restaurant, corporate and public-facing environments. Headquartered in Dallas, Texas, the company develops and delivers integrated hardware and software platforms designed to create dynamic, interactive experiences. Its offerings include digital signage networks, interactive kiosks and video training systems, all powered by an enterprise-grade content management system that enables clients to deploy, schedule and monitor multimedia content across multiple locations.

The company’s flagship software platform provides real-time analytics, remote asset management and customizable user interfaces that support both touchscreen and traditional display formats.