Should Investors Trust The Upside Potential In Crown ElectroKinetics Corp (CRKN)?

Crown ElectroKinetics Corp (NASDAQ:CRKN) currently has a daily average trading volume of 1.04M but it saw 736701 shares traded in last market. With a market cap of 6.65M USD, the company’s current market price of $1.51 came falling about -10.88 while comparing to the previous closing price of $1.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $211.50 and as low as $1.70. In the recent trading on the day, stock has struck highest price mark of $1.51 while lowest mark touched by it was $1.73.

Taking a look at 20-day trading activity of Crown ElectroKinetics Corp (CRKN) gives us an average price of $1.9280, while its current price level is -99.28% below from 52-week high level whereas it is -10.88% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.1531 while that of 200 days or SMA-200 reads an average of $12.6991. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.24% during that period while stretching the period over a month that decreases to 15.04%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.87 which implies that the stock is in neutral territory.

Over the week, CRKN’s stock price is moving -30.82% down while it is -42.94% when we observe its performance for the past one month. Year-to-date it is -93.15% down and over the past year, the stock is showing a downside performance of -99.17%.

Currently, Crown ElectroKinetics Corp’s total number of outstanding shares is 4.39M. Company’s return on investment (ROI) stands at -264.43% and return on equity (ROE) at -326.95%. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 0.57 while price to sale or P/S ratio amounts to 1.23. Its return on asset (ROA) is -154.94% on average.