CMCT - Shares of Creative Media & Community Trust Corporation (CMCT) Rise to a New 52-Week High

Creative Media & Community Trust Corporation (NASDAQ:CMCT) traded at a new 52-week high today of $80.58. This new high was reached on above average trading volume as 2.6 million shares traded hands, while the average 30-day volume is approximately 36,000 shares.

In the past 52 weeks, shares of Creative Media & Community Trust Corporation have traded between the current low of $6.40 and a high of $12.74 and is now at $7.39.

Creative Media & Community Trust Corporation has overhead space with shares priced $7.39, or 2.4% below the average consensus analyst price target of $7.57.

Creative Media & Community Trust is a US-based company that formed to invest in, own, and operate Class A and creative office investments in improving urban communities throughout the United States. It operates through the following segments: Office and Hotel, and Lending. The Office segment includes rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment relates to operations of hotel properties whereas, the lending segment refers to income from the yield and other related fee income earned on its loans receivable.

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