Seven Post Investment Office LP Purchases 26,931 Shares of Freightos Limited (NASDAQ:CRGO)

Seven Post Investment Office LP increased its position in Freightos Limited (NASDAQ:CRGO) by 50.6% in the 4th quarter, Holdings Channel reports. The firm owned 80,195 shares of the company’s stock after buying an additional 26,931 shares during the quarter. Seven Post Investment Office LP’s holdings in Freightos were worth $267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, AlphaCore Capital LLC lifted its holdings in shares of Freightos by 100.0% during the third quarter. AlphaCore Capital LLC now owns 47,772 shares of the company’s stock valued at $110,000 after acquiring an additional 23,886 shares during the period. Hedge funds and other institutional investors own 22.72% of the company’s stock.

Freightos Stock Performance

Shares of NASDAQ CRGO traded down $0.01 during midday trading on Friday, reaching $2.74. 13,849 shares of the company traded hands, compared to its average volume of 12,320. The stock’s 50-day simple moving average is $2.54 and its 200-day simple moving average is $2.83. Freightos Limited has a 12 month low of $1.85 and a 12 month high of $4.58. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.01.

Freightos (NASDAQ:CRGO) last issued its quarterly earnings data on Monday, February 26th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.11. The company had revenue of $5.26 million during the quarter, compared to analysts’ expectations of $5.21 million. Freightos had a negative return on equity of 21.23% and a negative net margin of 322.83%. As a group, analysts forecast that Freightos Limited will post -0.42 EPS for the current year.

Freightos Company Profile

Freightos Limited, together with its subsidiaries, operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company also offers software-as-a-service solutions, such as WebCargo Air for airline rates and ebookings; WebCargo AcceleRate, a multi-modal rate repository; data services; and WebCargo Airline Control Panel that enables airlines to control bookings and optimize pricing with real-time booking analytics.