CaliberCos (NASDAQ:CWD) Trading Up 0.2% – Still a Buy?

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CaliberCos in a report on Monday, April 20th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

CaliberCos Price Performance

The firm has a 50-day simple moving average of $0.98 and a 200-day simple moving average of $1.21. The firm has a market capitalization of $6.24 million, a PE ratio of -0.10 and a beta of -0.24.

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

Institutional Trading of CaliberCos

Several large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC bought a new position in CaliberCos in the fourth quarter worth approximately $39,000. Jane Street Group LLC purchased a new position in shares of CaliberCos during the 4th quarter worth $31,000. Finally, XTX Topco Ltd purchased a new position in shares of CaliberCos during the 4th quarter worth $28,000. 4.06% of the stock is currently owned by institutional investors.

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.