B. Riley FBR took its CuriosityStream [CURI] rating to the equivalent of Neutral from Buy, and the price target to $16.0, in a research note dated 2021-01-06.
CURI Price Performance
On Wall Street, CuriosityStream Inc. [NASDAQ:CURI] finished Tuesday’s session up 1.95% at $16.74. The stock went up to $17.69 at the same session while its lowest single day price was $16.18. In the last five days, it saw a rise of about 24.74%, CuriosityStream Inc. shares gained by almost 20.00% since the beginning of the year. However, the share price has dropped to as low as -2.11% below its one year high.
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CURI Stock Support And Resistance Levels
On the 24-hour scale, the immediate backing is perceived around 16.05 level, and in case of violation of this particular level, it will cause more drop to 15.36 level. On the upper level, 18.38 is still the key resistance. The stock may increase to the subsequent resistance at 17.56. The Relative Strength Index (RSI) pinned on the 14-day chart is 78.85, implying an overbought technical stance while the MACD stands at 2.40, meaning price will increase in the next trading period. Percent R indicator moved to 12.18%, implying bullish price movement. Stochastic %K at 86.40% suggest selling the stock.
What is the short interest in CuriosityStream Inc.?
Short interest in the CuriosityStream Inc. stock has plunged, decreasing by -0.3 million shares to total 0.47 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 0.17 million, data from Yahoo Finance shows. The increase of 63.96% suggests the stock saw some increased bearish sentiment. The stock’s days to cover (short ratio) moved to while the shorted shares account for just 1.16% of the overall float for the stock.
CuriosityStream Inc.’s Biggest Shareholders: Who Owns CuriosityStream Inc. [CURI]?
Filings by Basso Capital Management LP showed that the firm now holds a total of 945,889 shares or roughly 2.45% of the outstanding CURI shares. This means their shares have increased by 677,881 from the 945,889 the investor reportedly held in its prior 13-F filing. With the conclusion of the purchase, Kepos Capital LP updated stake is worth $9,023,091. Details in the latest 13F filings reveal that Castle Creek Arbitrage LLC acquired their 201.93% stake valued at $7,318,348 while Westchester Capital Management LL cut theirs at $6,852,980. During the last quarter, Castle Creek Arbitrage LLC raised 499,950 of its shares in CuriosityStream Inc.. The Shaolin Capital Management LLC’s holdings currently number 658,301 shares at $11019958.74. According to the firm’s last 13F report, W.R. Berkley Corp. shares in the company at filing stood at 611,232 shares, roughly $5,983,961.
CURI Earnings Forecast For The Current Quarter
CuriosityStream Inc. [CURI] is expected to report earnings results for the quarter ending on Dec 2020. Consensus estimates give the company expected revenues of $11.36M and an earnings per share of -$0.27 for Dec 2020. Looking further ahead, the company is expected to report revenue of $12.85M at an EPS of -$0.19 for Mar 2021. The estimates represent 81.60% and 64.80% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.