CDI Corp. (CDI) Sees Large Volume Increase
CDI Corp. (NYSE:CDI) shares saw strong trading volume on Friday . 122,295 shares traded hands during 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 has a 50 day moving average price of $5.90 and a 200-day moving average price of $6.05. The company’s market capitalization is $106.94 million.
CDI Corp. (NYSE:CDI) last issued 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. The business earned $226.70 million during the quarter, compared to the consensus estimate of $228.61 million. CDI Corp.’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.01) EPS. Equities analysts predict that CDI Corp. will post ($1.30) 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.