Crown Electrokinetics rises on contract to install smart window inserts

Crown Electrokinetics

28/09/2021 18:53

** Shares of smart glass technology co  CRKN.O  up 8.5% at
$3.69
    ** Co signs an agreement to install 450 of its smart window
inserts, powered by DynamicTint technology, in real estate
holding company MetroSpaces Inc's 70,000 square-foot Houston,
Texas office building  urn:newsml:reuters.com:*:nPn9VZYVca
    ** DynamicTint allows any glass surface to transition
between clear and dark in seconds, while CRKN's smart window
inserts eliminate the need to replace the glass as they easily
fit into window frames - CRKN
    ** Co expects to start installation of the smart window
inserts during Q1, 2022
    ** All three brokerages covering the stock rate it "buy" or
higher; their median PT is $11 - Refinitiv data
    ** As of last close, stock had fallen 12.8% YTD

 (Reporting by Devik Jain in Bengaluru)
 ((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780;
outside U.S. +91 80 6182 2062; ;))