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

Creative Media & Community Trust Co. (NASDAQ:CMCT) issued its quarterly earnings results on Friday. The real estate investment trust reported ($0.75) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $27.46 million during the quarter. During the same quarter in the prior year, the firm posted ($6.66) earnings per share.

Creative Media & Community Trust Co. Stock Performance

Shares of NASDAQ CMCT opened at $0.72 on Friday. The company has a current ratio of 2.71, a quick ratio of 2.71 and a debt-to-equity ratio of 438.44. Creative Media & Community Trust Co. has a 1-year low of $0.63 and a 1-year high of $44.02. The stock’s 50-day moving average is $0.93 and its 200 day moving average is $5.61. The stock has a market cap of $6.23 million, a price-to-earnings ratio of -0.02 and a beta of 0.42.

Analyst Ratings Changes

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

About Creative Media & Community Trust Co.

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.