Look Past The Setbacks And Give Crown ElectroKinetics Corp (NASDAQ: CRKN) Another Chance

Crown ElectroKinetics Corp (NASDAQ:CRKN) currently has a daily average trading volume of 7.04M but it saw 8149488 shares traded in last market. With a market cap of 1.97M USD, the company’s current market price of $0.21 came falling about -8.23 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $90.00 and as low as $0.21. In the recent trading on the day, stock has struck highest price mark of $0.21 while lowest mark touched by it was $0.23.

Taking a look at 20-day trading activity of Crown ElectroKinetics Corp (CRKN) gives us an average price of $0.4631, while its current price level is -99.76% below from 52-week high level whereas it is 0.95% 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 $0.8570 while that of 200 days or SMA-200 reads an average of $5.3900. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.58% during that period while stretching the period over a month that increases to 28.03%. 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 15.77 which implies that the stock is in oversold territory.

Over the week, CRKN’s stock price is moving -10.96% down while it is -76.74% when we observe its performance for the past one month. Year-to-date it is -99.04% down and over the past year, the stock is showing a downside performance of -98.89%.

Currently, Crown ElectroKinetics Corp’s total number of outstanding shares is 9.30M. Company’s return on investment (ROI) stands at -268.57% and return on equity (ROE) at -258.49%. Stock’s beta reads 1.02. Stock has a price to book (P/B) ratio of 0.14 while price to sale or P/S ratio amounts to 0.15. Its return on asset (ROA) is -166.57% on average.