CaliberCos (NASDAQ:CWD) Shares Up 0.2% – Here’s Why

Shares of CaliberCos Inc. (NASDAQ:CWD) shot up 0.2% on Tuesday . The company traded as high as $0.77 and last traded at $0.7370. 40,053 shares were traded during trading, a decline of 53% from the average daily volume of 85,860 shares. The stock had previously closed at $0.7356.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CaliberCos in a research note on Monday, April 20th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

CaliberCos Price Performance

The company has a market cap of $5.12 million, a PE ratio of -0.08 and a beta of -0.24. The stock’s 50-day moving average is $0.97 and its 200 day moving average is $1.20.

CaliberCos (NASDAQ:CWD) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.27). CaliberCos had a negative return on equity of 160.62% and a negative net margin of 122.65%.The firm had revenue of $4.29 million during the quarter, compared to analysts’ expectations of $4.40 million. On average, analysts expect that CaliberCos Inc. will post -0.49 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. XTX Topco Ltd purchased a new stake in CaliberCos in the fourth quarter valued at about $28,000. Jane Street Group LLC purchased a new stake in shares of CaliberCos during the fourth quarter worth about $31,000. Finally, Geode Capital Management LLC acquired a new position in shares of CaliberCos during the fourth quarter valued at about $39,000. 4.06% of the stock is owned by institutional investors and hedge funds.

CaliberCos Company Profile

Caliber (NASDAQ: CWD) is a vertically integrated alternative asset management firm whose purpose is to build generational wealth for investors seeking to access opportunities in middle-market assets. Caliber differentiates itself by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments which are managed by our in-house asset services group. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities.