With 0.65 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.56 million shares. During the session, the REIT – Office company that operates in wider Real Estate sector, reached to the highest price of $0.251 whereas the lowest price it dropped to was $0.235. The 52-week range on CMCT shows that it touched its highest point at $4.40 and its lowest point at $0.21 during that stretch. It currently has a 1-year price target of $5.88. With its current market cap of 20.86 million, CMCT has annualized dividend of $0.26 while the current yield stands at 105.99%. CMCT paid its most recent dividend on 1720396800, while the ex-dividend date for that was 1727222400. Beta for the stock currently stands at 0.47.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CMCT was down-trending over the past week, with a drop of -5.87%, but this was down by -52.78% over a month. Three-month performance dropped to -87.66% while six-month performance fell -91.85%. The stock lost -93.72% in the past year, while it has lost -93.35% so far this year.
Float and Shares Shorts:
At present, 86.69 million CMCT shares are outstanding with a float of 71.76 million shares on hand for trading. On 2024-10-15, short shares totaled 73940.0, which was 9.000000400000001 higher than short shares on 1726185600. In addition to Mr. David A. Thompson CPA as the firm’s Chief Executive Officer, Mr. Barry Neil Berlin CPA serves as its Executive VP, CFO, Treasurer & Secretary.
Institutional Ownership:
Through their ownership of 0.92996 of CMCT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CMCT reported revenue of $28616000.0 and operating income of $820000.0. The EBITDA in the recently reported quarter was $6094000.0 and diluted EPS was -$1.22.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CMCT since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CMCT analysts setting a high price target of 3.92099 and a low target of 3.92099, the average target price over the next 12 months is 3.92099. Based on these targets, CMCT could surge 1533.75% to reach the target high and rise by 1533.75% to reach the target low. Reaching the average price target will result in a growth of 1533.75% from current levels.
Analysts have provided yearly estimates in a range of -$1.87227 being high and -$1.87227 being low. For CMCT, this leads to a yearly average estimate of -$1.87227. The surprise factor in the prior quarter was -$0.55. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
