Freightos Limited (NASDAQ:CRGO) Shares Purchased by Seven Post Investment Office LP

Seven Post Investment Office LP lifted its position in shares of Freightos Limited (NASDAQ:CRGO) by 50.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,195 shares of the company’s stock after purchasing an additional 26,931 shares during the period. Seven Post Investment Office LP’s holdings in Freightos were worth $267,000 as of its most recent SEC filing.

Separately, AlphaCore Capital LLC lifted its position in shares of Freightos by 100.0% during the third quarter. AlphaCore Capital LLC now owns 47,772 shares of the company’s stock worth $110,000 after purchasing an additional 23,886 shares in the last quarter. 22.72% of the stock is currently owned by hedge funds and other institutional investors.

Freightos Stock Performance

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

Freightos (NASDAQ:CRGO) last posted its earnings results on Monday, February 26th. The company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.11. The business had revenue of $5.26 million for the quarter, compared to analysts’ expectations of $5.21 million. Freightos had a negative net margin of 322.83% and a negative return on equity of 21.23%. Equities analysts predict that Freightos Limited will post -0.42 EPS for the current fiscal year.

Freightos 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.