Kaltura, Inc. (NASDAQ:KLTR – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 868,200 shares, a decrease of 12.0% from the July 31st total of 986,200 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 182,100 shares, the short-interest ratio is presently 4.8 days.
Wall Street Analyst Weigh In
KLTR has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $3.00 price target on shares of Kaltura in a report on Friday, August 9th. Wells Fargo & Company cut their price target on Kaltura from $1.50 to $1.00 and set an “underweight” rating for the company in a research note on Friday, June 21st.
Read Our Latest Report on Kaltura
Hedge Funds Weigh In On Kaltura
Kaltura Price Performance
NASDAQ:KLTR opened at $1.36 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.33. The stock’s 50 day moving average price is $1.22 and its two-hundred day moving average price is $1.25. The firm has a market capitalization of $199.80 million, a price-to-earnings ratio of -4.12 and a beta of 0.74. Kaltura has a 12-month low of $0.76 and a 12-month high of $2.05.
Kaltura (NASDAQ:KLTR – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. Kaltura had a negative return on equity of 155.01% and a negative net margin of 24.82%. The company had revenue of $44.03 million during the quarter, compared to analysts’ expectations of $43.27 million. On average, analysts anticipate that Kaltura will post -0.29 earnings per share for the current year.
Kaltura Company Profile
Kaltura, Inc provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally. The company operates through two segments, Enterprise, Education, and Technology (EE&T); and Media and Telecom (M&T).
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