Shares of CaliberCos Inc. (NASDAQ:CWD – Get Free Report) rose 1.3% on Thursday . The company traded as high as $0.52 and last traded at $0.51. 110,912 shares were traded during trading, a decline of 66% from the average session volume of 327,145 shares. The stock had previously closed at $0.5037.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CaliberCos in a research note on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, CaliberCos currently has an average rating of “Reduce”.
Check Out Our Latest Report on CWD
CaliberCos Stock Performance
CaliberCos (NASDAQ:CWD – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.21). The business had revenue of $4.19 million during the quarter, compared to analyst estimates of $4.73 million. CaliberCos had a negative net margin of 117.34% and a negative return on equity of 75.44%.
Institutional Investors Weigh In On CaliberCos
Large investors have recently bought and sold shares of the company. XTX Topco Ltd acquired a new stake in shares of CaliberCos in the fourth quarter worth approximately $28,000. Jane Street Group LLC acquired a new position in CaliberCos in the 4th quarter valued at $31,000. Finally, Geode Capital Management LLC acquired a new position in CaliberCos in the 4th quarter valued at $39,000. 4.06% of the stock is currently owned by hedge funds and other institutional investors.
About CaliberCos
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.
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