Fathom (NASDAQ:FTHM – Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.25) earnings per share (EPS) for the quarter, Zacks reports. Fathom had a negative return on equity of 49.25% and a negative net margin of 4.83%.
Fathom Trading Down 4.0%
NASDAQ:FTHM traded down $0.04 on Thursday, reaching $0.93. The stock had a trading volume of 60,274 shares, compared to its average volume of 924,872. Fathom has a 12-month low of $0.40 and a 12-month high of $3.37. The company has a market cap of $30.33 million, a price-to-earnings ratio of -1.27 and a beta of 2.17. The firm’s fifty day moving average is $0.78 and its two-hundred day moving average is $0.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.06 and a quick ratio of 1.06.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Fathom in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Fathom has a consensus rating of “Moderate Buy” and a consensus price target of $2.50.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Virtu Financial LLC acquired a new position in Fathom during the third quarter valued at approximately $61,000. XTX Topco Ltd lifted its stake in shares of Fathom by 27.9% in the fourth quarter. XTX Topco Ltd now owns 63,748 shares of the company’s stock worth $64,000 after acquiring an additional 13,911 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Fathom by 18.8% during the 4th quarter. Geode Capital Management LLC now owns 206,242 shares of the company’s stock valued at $208,000 after buying an additional 32,569 shares during the last quarter. Veradace Capital Management LLC bought a new stake in shares of Fathom in the 4th quarter worth about $459,000. Finally, Vanguard Group Inc. raised its stake in Fathom by 73.2% during the third quarter. Vanguard Group Inc. now owns 784,003 shares of the company’s stock valued at $1,411,000 after buying an additional 331,316 shares in the last quarter. Hedge funds and other institutional investors own 55.49% of the company’s stock.
Fathom Company Profile
Fathom Holdings Inc provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services. The Mortgage segment offers residential loan origination and underwriting services. The Technology segment provides Software as a Service solutions and data mining for third party customers.
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