CuriosityStream Inc. (NASDAQ:CURI) The stock’s Relative Strength Index (RSI) is 50.95, with weekly volatility at 5.46% and ATR at 0.90. The CURI stock’s 52-week price range has touched low of $7.44 and a $24.00 high. Its shares traded higher over the last trading session, gaining 4.31% on 05/27/21. The shares fell to a low of $11.08 before closing at $11.85. Intraday shares traded counted 0.71 million, which was 24.4% higher than its 30-day average trading volume of 938.07K. CURI’s previous close was $11.36 while the outstanding shares total 48.07M.
Investors have identified the Entertainment company CuriosityStream Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $628.88 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
CuriosityStream Inc. (CURI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 114.85 million total, with 28.74 million as their total liabilities.
CURI were able to record -12.59 million as free cash flow during the 09/01/2021 quarter of the year, this saw their quarterly net cash flow reduce by 0.64 million. In cash movements, the company had a total of -12.59 million as operating cash flow.
Potential earnings growth for CuriosityStream Inc. (CURI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 09/01/2021 quarter of the year, CuriosityStream Inc. recorded a total of 9.94 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 24.85% coming in sequential stages and their sales for the 09/01/2021 quarter reducing by -223.61%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 4.16 million trying to sell their products during the last quarter, with the result yielding a gross income of 5.78 million. This allows shareholders to hold on to 48.07M with the recently reported earning now reading -0.39 cents per share. This is a figure that compared to analyst’s prediction for their 09/01/2021 (-0.31 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.20 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CURI sounds very interesting.
Is the stock of CURI attractive?
In related news, Director, HENDRICKS JOHN S bought 74,000 shares of the company’s stock in a transaction that recorded on Feb 08. The purchase was performed at an average price of 13.50, for a total value of 999,000. As the purchase deal closes, the Director, HENDRICKS JOHN S now bought 20,500 shares of the company’s stock, valued at 226,525. Also, Director, HENDRICKS JOHN S bought 20,500 shares of the company’s stock in a deal that was recorded on Dec 15. The shares were cost at an average price of 10.00 per share, with a total market value of 205,000. Following this completion of disposal, the Director, HENDRICKS JOHN S now holds 11,684 shares of the company’s stock, valued at 105,156. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.60%.
6 out of 7 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on CuriosityStream Inc.. 0 analysts has assigned a Sell rating on the CURI stock. The 12-month mean consensus price target for the company’s shares has been set at $18.00.