With 231.49M Outstanding Shares, Can Crown ElectroKinetics Corp (NASDAQ: CRKN) Deliver Big Short-Term Gains?

Crown ElectroKinetics Corp (NASDAQ:CRKN) currently has a daily average trading volume of 53.76M but it saw 44226235 shares traded in last market. With a market cap of 14.10M USD, the company’s current market price of $0.06 came falling about -12.12 while comparing to the previous closing price of $0.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $90.00 and as low as $0.06. In the recent trading on the day, stock has struck highest price mark of $0.06 while lowest mark touched by it was $0.0759.

Taking a look at 20-day trading activity of Crown ElectroKinetics Corp (CRKN) gives us an average price of $0.1067, while its current price level is -99.93% below from 52-week high level whereas it is -6.31% 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 $0.2591 while that of 200 days or SMA-200 reads an average of $3.9178. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.30% during that period while stretching the period over a month that increases to 26.06%. 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 24.29 which implies that the stock is in oversold territory.

Over the week, CRKN’s stock price is moving -42.00% down while it is -53.76% when we observe its performance for the past one month. Year-to-date it is -57.17% down and over the past year, the stock is showing a downside performance of -99.72%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Crown ElectroKinetics Corp’s total number of outstanding shares is 231.49M with 0.64% of that held by the insiders while 0.44% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -268.57% and return on equity (ROE) at -258.49%. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 0.04 while price to sale or P/S ratio amounts to 1.05. Its return on asset (ROA) is -166.57% on average.