Crown ElectroKinetics (NASDAQ:CRKN) Stock Price Up 2.5% – Time to Buy?

Crown ElectroKinetics Corp. (NASDAQ:CRKN) shares traded up 2.5% during mid-day trading on Wednesday . The company traded as high as $4.67 and last traded at $4.51. 119,802 shares traded hands during trading, a decline of 80% from the average session volume of 610,248 shares. The stock had previously closed at $4.40.

Crown ElectroKinetics Price Performance

The stock’s 50-day moving average is $14.98 and its 200-day moving average is $121.64. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.03.

Institutional Trading of Crown ElectroKinetics

An institutional investor recently bought a new position in Crown ElectroKinetics stock. LPL Financial LLC bought a new position in shares of Crown ElectroKinetics Corp. (NASDAQ:CRKN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 337,000 shares of the company’s stock, valued at approximately $48,000. LPL Financial LLC owned approximately 21.74% of Crown ElectroKinetics as of its most recent filing with the Securities and Exchange Commission. 5.28% of the stock is owned by hedge funds and other institutional investors.

Crown ElectroKinetics Company Profile

Crown ElectroKinetics Corp. engages in the commercialization of electro kinetic technology for use in the smart glass market. It develops and sells optical switching film that can be embedded between glass or applied to the surface of glass or other rigid substrates such as acrylic, to electronically control opacity.