Crown ElectroKinetics Corp (CRKN): A Technical Analysis

CRKN has 36-month beta value of 1.24. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for CRKN is 4.35M, and currently, short sellers hold a 10.02% ratio of that float. The average trading volume of CRKN on October 18, 2024 was 1.91M shares.

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CRKN) stock’s latest price update

The stock of Crown ElectroKinetics Corp (NASDAQ: CRKN) has decreased by -8.96 when compared to last closing price of 1.34.Despite this, the company has seen a loss of -4.69% in its stock price over the last five trading days. globenewswire.com reported 2024-10-15 that DOVER, Del., Oct. 15, 2024 (GLOBE NEWSWIRE) — Liqueous LP, a premier multi-strategy fund specializing in liquidity solutions, is pleased to announce the finalization of a $100 million Equity Line of Credit (ELOC) with Crown Electrokinetics Corp (NASDAQ: CRKN) (the “Company”). This significant financing arrangement is part of Liqueous’s strategic expansion, focused on delivering tech-driven financial structures to micro, small, and mid-market issuers, aimed at enhancing shareholder value.

CRKN’s Market Performance

Crown ElectroKinetics Corp (CRKN) has experienced a -4.69% fall in stock performance for the past week, with a -3.17% drop in the past month, and a -65.44% drop in the past quarter. The volatility ratio for the week is 9.00%, and the volatility levels for the past 30 days are at 10.03% for CRKN. The simple moving average for the past 20 days is -0.81% for CRKN’s stock, with a -86.02% simple moving average for the past 200 days.

CRKN Trading at -17.79% from the 50-Day Moving Average

After a stumble in the market that brought CRKN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.64% of loss for the given period.

Volatility was left at 10.03%, however, over the last 30 days, the volatility rate increased by 9.00%, as shares sank -1.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.13% lower at present.

During the last 5 trading sessions, CRKN fell by -4.69%, which changed the moving average for the period of 200-days by -94.67% in comparison to the 20-day moving average, which settled at $1.2300. In addition, Crown ElectroKinetics Corp saw -94.49% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CRKN

Current profitability levels for the company are sitting at:

  • -224.81 for the present operating margin
  • 0.38 for the gross margin

The net margin for Crown ElectroKinetics Corp stands at -479.95. The total capital return value is set at -0.86. Equity return is now at value -326.95, with -154.94 for asset returns.

Based on Crown ElectroKinetics Corp (CRKN), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -8.55. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -1.68.

Currently, EBITDA for the company is -14.61 million with net debt to EBITDA at 0.15. When we switch over and look at the enterprise to sales, we see a ratio of 111.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.

Conclusion

To put it simply, Crown ElectroKinetics Corp (CRKN) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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