CDI Corp. (CDI) Trading Down 6.9%
Shares of CDI Corp. (NYSE:CDI) were down 6.9% during mid-day trading on Tuesday . The company traded as low as $5.34 and last traded at $5.36, with a volume of 68,238 shares traded. The stock had previously closed at $5.76.
The stock has a 50 day moving average price of $6.20 and a 200 day moving average price of $5.98. The company’s market capitalization is $102.77 million.
CDI Corp. (NYSE:CDI) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.33) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.25) by $0.08. During the same period in the previous year, the business earned ($0.01) EPS. The firm earned $226.70 million during the quarter, compared to analyst estimates of $228.61 million. CDI Corp.’s quarterly revenue was down 8.1% on a year-over-year basis. Analysts anticipate that CDI Corp. will post ($1.30) EPS for the current 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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