Fathom Holdings Inc. (NASDAQ:FTHM – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 259,000 shares, an increase of 11.1% from the August 31st total of 233,200 shares. Based on an average daily volume of 65,800 shares, the short-interest ratio is presently 3.9 days. Currently, 2.1% of the company’s shares are sold short.
Fathom Trading Up 3.1 %
FTHM traded up $0.08 during trading hours on Tuesday, reaching $2.67. 22,554 shares of the company’s stock traded hands, compared to its average volume of 64,702. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.08. The firm has a 50-day moving average price of $2.50 and a 200 day moving average price of $2.00. Fathom has a 52-week low of $1.32 and a 52-week high of $4.42. The firm has a market capitalization of $55.92 million, a PE ratio of -1.82 and a beta of 2.04.
Fathom (NASDAQ:FTHM – Get Free Report) last posted its quarterly earnings results on Monday, August 12th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.14. The company had revenue of $89.21 million for the quarter, compared to the consensus estimate of $87.72 million. Fathom had a negative net margin of 6.46% and a negative return on equity of 39.16%. During the same quarter last year, the firm posted ($0.27) EPS. As a group, sell-side analysts predict that Fathom will post -0.74 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on Fathom
Institutional Trading of Fathom
Several institutional investors and hedge funds have recently modified their holdings of FTHM. XTX Topco Ltd purchased a new position in Fathom during the 2nd quarter worth $32,000. Virtu Financial LLC bought a new position in Fathom during the 1st quarter worth about $38,000. AMG National Trust Bank increased its position in Fathom by 159.4% during the 2nd quarter. AMG National Trust Bank now owns 48,817 shares of the company’s stock valued at $84,000 after purchasing an additional 30,000 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Fathom by 31.3% in the 2nd quarter. Renaissance Technologies LLC now owns 49,100 shares of the company’s stock valued at $84,000 after purchasing an additional 11,700 shares in the last quarter. Finally, Connective Capital Management LLC purchased a new stake in shares of Fathom in the 1st quarter worth approximately $162,000. Institutional investors own 55.49% of the company’s stock.
About Fathom
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.
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