Creative Media & Community Trust Co. (NASDAQ:CMCT) Posts 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 prior year, the firm earned ($6.66) earnings per share.

Creative Media & Community Trust Co. Price Performance

Shares of CMCT stock opened at $0.72 on Friday. The stock has a market cap of $6.23 million, a price-to-earnings ratio of -0.02 and a beta of 0.42. The business’s fifty day moving average is $0.93 and its 200 day moving average is $5.61. Creative Media & Community Trust Co. has a twelve month low of $0.63 and a twelve month high of $44.02. The company has a quick ratio of 2.71, a current ratio of 2.71 and a debt-to-equity ratio of 438.44.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Creative Media & Community Trust Co. in a report on Friday, January 10th. They set a “sell” rating for the company.

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.