Momentum Stock Watch: Creatd, Inc. (CRTD)

Company Profile:

Creatd, Inc., a technology company, provides economic opportunities for creators. The company operated in three segments: Creatd Labs, Creatd Partners, and Creatd Ventures. Its flagship product is Vocal, a content distribution platform that delivers a digital publishing platform organized into niche-communities capable of hosting various rich media content. The company’s Vocal platform enhances the visibility of content and maximizes viewership, and provides advertisers access to target markets that closely match their interests. It also offers Vocal for Brands, an internal content marketing studio that pairs leading brands with vocal creators to produce marketing campaigns; WHE Agency that focuses on representation and management of family and lifestyle-focused influencers and digital creators; and Seller’s Choice, a marketing agency for direct-to-consumer and e-commerce clients, which provides design, development, strategy, and sales optimization services. In addition, the company builds, develops, and scales e-commerce brands, such as Camp and Dune Glow Remedy. Further, its Creatd studios elevates creators’ stories to TV, film, books, podcasts, videos, and others. The company was formerly known as Jerrick Media Holdings, Inc. and changed its name to Creatd Inc. in September 2020. Creatd, Inc. is headquartered in New York, New York.

Recent News:

On Nov. 17, 2022, the company is pleased to announce the appointment of Erica Wagner, distinguished author, critic, and literary editor, to Creatd’s board of directors.

The company reported that it generated approximately $4MM in net revenues during the 9 months ended September 30, 2022, as compared to $2.9MM generated during the same period last year. Operating expenses, net of certain one-time charges, decreased 32% YoY. $2.3MM improvement in Company’s EBITDA.

Fundamental Analysis:

Ninestocks analyzes several different financial aspects:

Price to Book Value – P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.

@@@@@

Price to Earnings – PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).

@@@@@

Discounted cash flow – DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.

@@@@@

Return on Assets – ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.

@@@@@

Return on Equity – ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.

@@@@@

Debt to Equity – evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.

@@@@@

Conclusion:

CRTD receives outperform rating in discounted cash flow and return on equity. Technical indicators signal the bullish signs, as there is a bullish crossover in the Stochastic oscillator, the MACD is trying to cross back up and the RSI(14) stands at 48.5 with positive bias. We rate Creatd, Inc. (CRTD) a STRONG BUY.