CDI Corp. (CDI) Stock Price Up 3.5%
CDI Corp. (NYSE:CDI)’s share price rose 3.5% during mid-day trading on Thursday . The stock traded as high as $6.83 and last traded at $6.78, with a volume of 52,957 shares changing hands. The stock had previously closed at $6.55.
The stock’s market capitalization is $130.59 million. The firm’s 50-day moving average is $6.31 and its 200 day moving average is $5.91.
CDI Corp. (NYSE:CDI) last posted its quarterly earnings data on Wednesday, May 4th. The company reported ($0.24) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.24). The firm had revenue of $233.50 million for the quarter, compared to the consensus estimate of $223.60 million. The business’s revenue was down 9.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 earnings per share. On average, equities research analysts predict that CDI Corp. will post ($0.74) EPS for the current year.
A hedge fund recently raised its stake in CDI Corp. stock. Glacier Peak Capital LLC boosted its stake in shares of CDI Corp. (NYSE:CDI) by 7.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 159,898 shares of the company’s stock after buying an additional 10,800 shares during the period. Glacier Peak Capital LLC owned about 0.81% of CDI Corp. worth $1,081,000 as of its most recent filing with the SEC.
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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