Creative Realities (NASDAQ:CREX) Rating Lowered to Strong Sell at Zacks Research

Creative Realities (NASDAQ:CREX) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Wednesday,Zacks.com reports.

A number of other analysts also recently issued reports on CREX. Alliance Global Partners reissued a “buy” rating on shares of Creative Realities in a research report on Wednesday, April 15th. Weiss Ratings reissued a “sell (d)” rating on shares of Creative Realities in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Creative Realities Stock Performance

NASDAQ:CREX opened at $3.72 on Wednesday. The company has a debt-to-equity ratio of 3.70, a current ratio of 0.73 and a quick ratio of 0.67. The business has a fifty day simple moving average of $3.67 and a two-hundred day simple moving average of $3.27. Creative Realities has a 1 year low of $2.19 and a 1 year high of $4.42. The company has a market capitalization of $39.32 million, a P/E ratio of -1.99 and a beta of 1.48.

Creative Realities (NASDAQ:CREX) last released its earnings results on Friday, May 15th. The company reported ($0.74) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.28). Creative Realities had a negative return on equity of 59.08% and a negative net margin of 29.92%.The firm had revenue of $16.35 million during the quarter, compared to analysts’ expectations of $16.52 million. On average, analysts expect that Creative Realities will post 0.43 earnings per share for the current year.

Hedge Funds Weigh In On Creative Realities

Several hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its position in shares of Creative Realities by 13.5% in the first quarter. Dimensional Fund Advisors LP now owns 54,890 shares of the company’s stock valued at $189,000 after purchasing an additional 6,513 shares in the last quarter. North Star Investment Management Corp. purchased a new position in shares of Creative Realities in the first quarter valued at $550,000. XTX Topco Ltd purchased a new position in shares of Creative Realities in the fourth quarter valued at $66,000. Bridgeway Capital Management LLC purchased a new position in shares of Creative Realities in the fourth quarter valued at $26,000. Finally, Advisory Services Network LLC purchased a new position in Creative Realities during the fourth quarter worth about $209,000. 41.32% of the stock is currently owned by hedge funds and other institutional investors.

Creative Realities Company Profile

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.