CDI Corp. (CDI) Sees Strong Trading Volume
CDI Corp. (NYSE:CDI) shares saw an uptick in trading volume on Friday . 122,295 shares were traded during mid-day trading, an increase of 63% from the previous session’s volume of 75,216 shares.The stock last traded at $5.68 and had previously closed at $5.69.
The firm’s market cap is $106.94 million. The firm’s 50 day moving average price is $5.90 and its 200-day moving average price is $6.05.
CDI Corp. (NYSE:CDI) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.33) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by $0.08. During the same period in the previous year, the business earned ($0.01) EPS. The business earned $226.70 million during the quarter, compared to the consensus estimate of $228.61 million. The business’s revenue was down 8.1% compared to the same quarter last year. On average, equities analysts predict 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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