CDI Corp. (CDI) Sees Strong Trading Volume
Shares of CDI Corp. (NYSE:CDI) saw unusually-high trading volume on Thursday . Approximately 113,187 shares were traded during mid-day 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 firm’s market cap is $100.93 million. The firm’s 50 day moving average price is $6.22 and its 200-day moving average price is $5.95.
CDI Corp. (NYSE:CDI) last posted its earnings results on Wednesday, August 3rd. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by $0.08. The firm had revenue of $226.70 million for 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. During the same period in the previous year, the company posted ($0.01) EPS. Equities analysts expect that CDI Corp. will post ($0.74) 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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