Cre8 Enterprise Limited (NASDAQ:CRE – Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 11,362 shares, a drop of 63.4% from the September 30th total of 31,006 shares. Based on an average trading volume of 249,543 shares, the short-interest ratio is currently 0.0 days. Approximately 0.7% of the shares of the stock are short sold.
Cre8 Enterprise Trading Down 3.9%
NASDAQ:CRE traded down $0.10 during midday trading on Friday, reaching $2.46. 25,828 shares of the stock traded hands, compared to its average volume of 141,877. The company has a fifty day moving average of $2.91 and a 200 day moving average of $2.87. Cre8 Enterprise has a 12 month low of $1.68 and a 12 month high of $8.60.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of Cre8 Enterprise from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.
View Our Latest Research Report on Cre8 Enterprise
Cre8 Enterprise Company Profile
Cre8 Enterprise Limited is a Cayman Islands holding company that operates through subsidiaries in Hong Kong. The company provides corporate services to businesses and organizations, with its activities focused on supporting corporate administration and compliance requirements.
Its services include company secretarial support, accounting and bookkeeping, tax-related assistance, and corporate advisory services. These offerings are intended to help companies manage ongoing governance obligations and establish or maintain operations in Hong Kong.
Cre8 Enterprise serves corporate clients in Hong Kong and the broader Greater China region.
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