Do Analysts Expect Crown Electrokinetics Corp. (CRKN) Stock to Rise After It Has Fallen -6.06% in a Month?

Analysts who follow Crown Electrokinetics Corp. (CRKN) on average expect it to add 1916.13% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns CRKN an Analyst Ranking of 32, which means it ranks higher than 32 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating CRKN a Buy today. Find out what this means to you and get the rest of the rankings on CRKN!

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Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Crown Electrokinetics Corp. Stock Today?

Crown Electrokinetics Corp. (CRKN) stock is trading at $0.31 as of 1:30 PM on Wednesday, Oct 19, a drop of -$0.01, or -3.29% from the previous closing price of $0.32. Volume today is elevated. So far 23,601,671 shares have traded compared to average volume of 5,007,413 shares. The stock has traded between $0.30 and $0.47 so far today. Click Here to get the full Stock Report for Crown Electrokinetics Corp. stock.