While Cre8 Enterprise Ltd has underperformed by -5.30%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CRE fell by -84.72%, with highs and lows ranging from $8.52 to $0.71, whereas the simple moving average fell by -82.02% in the last 200 days.
Analysis of Cre8 Enterprise Ltd (CRE)
Further, the quarter-over-quarter decrease in sales is -3.20%, showing a negative trend in the upcoming months.
One of the most important indicators of Cre8 Enterprise Ltd’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 95.50% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.80, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CRE is recording 2.83M average volume. On a monthly basis, the volatility of the stock is set at 13.58%, whereas on a weekly basis, it is put at 9.14%, with a loss of -18.00% over the past seven days.
How Do You Analyze Cre8 Enterprise Ltd Shares?
The Specialty Business Services market is dominated by Cre8 Enterprise Ltd (CRE) based in the Hong Kong. When comparing Cre8 Enterprise Ltd shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 18.17, there is a growth in quarterly earnings of 33.30%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 32.72%. This can enable you to see the extent to which executives own the company’s stock.
