Creative Media & Community Trust Corporation (NASDAQ:CMCT) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Creative Media & Community Trust Corporation (NASDAQ:CMCT) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.31 and traded as low as $2.61. Creative Media & Community Trust Corporation shares last traded at $2.62, with a volume of 26,784 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Creative Media & Community Trust Corporation from a “sell” rating to a “hold” rating in a report on Sunday, January 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of Creative Media & Community Trust Corporation in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Creative Media & Community Trust Corporation Price Performance

The company’s 50-day moving average is $3.27 and its 200-day moving average is $5.31. The firm has a market capitalization of $2.07 million, a price-to-earnings ratio of -0.02 and a beta of 0.41.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morton Capital Management LLC CA acquired a new stake in Creative Media & Community Trust Corporation during the fourth quarter worth about $54,000. Kestra Advisory Services LLC acquired a new stake in Creative Media & Community Trust Corporation during the 4th quarter worth approximately $52,000. Arkadios Wealth Advisors acquired a new stake in Creative Media & Community Trust Corporation during the 4th quarter worth approximately $43,000. Finally, Cerity Partners LLC purchased a new position in Creative Media & Community Trust Corporation in the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 28.34% of the company’s stock.

Creative Media & Community Trust Corporation Company Profile

Creative Media & Community Trust Corporation is a real estate investment trust (REIT) that specializes in originating and acquiring first-lien mortgage loans on non-owner-occupied residential properties in the United States. The company focuses on providing capital to real estate investors and rental homeowners, offering financing solutions tailored to single-family homes, small multifamily properties and other residential real estate investments. Its business model centers on underwriting, closing and servicing mortgage loans that help facilitate real estate acquisitions, refinancings and portfolio expansions for its clients.

The company’s loan portfolio is diversified across key U.S.