Creative Media & Community Trust Co. (NASDAQ:CMCT) Issues Quarterly Earnings Results

Creative Media & Community Trust Co. (NASDAQ:CMCT) announced its earnings results on Friday. The real estate investment trust reported ($0.75) EPS for the quarter, Zacks reports. The company had revenue of $27.46 million during the quarter. During the same quarter in the previous year, the business earned ($6.66) EPS.

Creative Media & Community Trust Co. Price Performance

NASDAQ CMCT opened at $0.72 on Friday. Creative Media & Community Trust Co. has a 1 year low of $0.63 and a 1 year high of $44.02. The company has a debt-to-equity ratio of 438.44, a quick ratio of 2.71 and a current ratio of 2.71. The stock has a market capitalization of $6.23 million, a P/E ratio of -0.02 and a beta of 0.42. The business’s fifty day moving average is $0.93 and its two-hundred day moving average is $5.50.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Creative Media & Community Trust Co. in a report on Friday, January 10th. They issued a “sell” rating on the stock.

Creative Media & Community Trust Co. Company Profile

Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. It operates through the following segments: Office, Hotel, and Lending.