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Freightos Limited (NASDAQ:CRGO – Get Free Report) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 11,000 shares, a decrease of 40.5% from the December 15th total of 18,500 shares. Based on an average daily trading volume, of 21,000 shares, the short-interest ratio […]
Freightos Limited (NASDAQ:CRGO – Get Free Report) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 18,500 shares, a drop of 56.9% from the November 30th total of 42,900 shares. Based on an average daily trading volume, of 20,100 shares, […]
Avoiding violent Red Sea route adds 7 to 14 days extra transit time, but RILA says holiday inventory is already on U.S. shelves
Freightos (NASDAQ:CRGO – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.07, reports. The firm had revenue of $5.11 million for the quarter, compared to analyst estimates of $5.14 million. Freightos had a negative return on […]
Israeli cargo reservation platform Freightos is struggling to make money in a bad freight market and now faces the extra challenge of operating in the middle of a war zone. The post Israel-Hamas war impacts Freightos operations as losses persist appeared first on FreightWaves.