CDI Corp. (CDI) Sees Unusually-High Trading Volume
CDI Corp. (NYSE:CDI) saw strong trading volume on Thursday . 113,187 shares changed hands during trading, an increase of 95% from the previous session’s volume of 57,991 shares.The stock last traded at $5.31 and had previously closed at $5.82.
The stock has a 50-day moving average of $6.23 and a 200 day moving average of $5.95. The firm’s market cap is $99.39 million.
CDI Corp. (NYSE:CDI) last issued its earnings results on Wednesday, August 3rd. The company reported ($0.33) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.25) by $0.08. During the same quarter last year, the business earned ($0.01) earnings per share. The business had revenue of $226.70 million for the quarter, compared to the consensus estimate of $228.61 million. The business’s revenue for the quarter was down 8.1% compared to the same quarter last year. On average, analysts anticipate that CDI Corp. will post ($0.74) 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.
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