CDI Corp. (CDI) Sees Large Volume Increase
CDI Corp. (NYSE:CDI) saw unusually-strong trading volume on Friday . Approximately 91,034 shares traded hands during trading, an increase of 60% from the previous session’s volume of 56,953 shares.The stock last traded at $6.35 and had previously closed at $6.40.
The company’s 50 day moving average price is $6.28 and its 200 day moving average price is $5.93. The firm’s market cap is $121.73 million.
CDI Corp. (NYSE:CDI) last issued its quarterly earnings results on Wednesday, May 4th. The company reported ($0.24) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.24). During the same quarter in the previous year, the business earned $0.04 earnings per share. The business earned $233.50 million during the quarter, compared to the consensus estimate of $223.60 million. The firm’s revenue was down 9.3% compared to the same quarter last year. On average, equities analysts predict that CDI Corp. will post ($0.74) earnings per share for the current fiscal year.
CDI Corp. provides engineering, information technology and staffing solutions. The Company operates in three segments: Global Engineering and Technology Solutions (GETS), Professional Staffing Services (PSS) and Management Recruiters International (MRI). It provides staffing services through its MRINetwork of franchisees.
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