CRA International Inc. (CRAI) Hits New 1-Year High at $31.31
Shares of CRA International Inc. (NASDAQ:CRAI) hit a new 52-week high during trading on Wednesday . The stock traded as high as $31.31 and last traded at $26.75, with a volume of 28,088 shares. The stock had previously closed at $26.88.
Separately, Zacks Investment Research raised shares of CRA International from a “hold” rating to a “strong-buy” rating and set a $32.00 target price for the company in a report on Monday, August 1st.
The firm has a 50 day moving average of $26.65 and a 200 day moving average of $23.09. The firm has a market capitalization of $217.04 million and a price-to-earnings ratio of 25.90.
CRA International (NASDAQ:CRAI) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.05. The company had revenue of $82.60 million for the quarter, compared to the consensus estimate of $78.69 million. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, equities analysts expect that CRA International Inc. will post $1.30 earnings per share for the current fiscal year.
CRA International, Inc is a global consulting firm. The Company provides economic, financial and management consulting services. It operates in two segments: consulting services and NeuCo It offers consulting services in areas, including litigation, regulatory and financial consulting, and management consulting.
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