CLPS Incorporation (NASDAQ:CLPS) Trading Down 0.5% – Here’s What Happened

CLPS Incorporation (NASDAQ:CLPS) shares traded down 0.5% on Wednesday . The stock traded as low as $0.9001 and last traded at $0.9250. 7,083 shares were traded during mid-day trading, a decline of 57% from the average session volume of 16,642 shares. The stock had previously closed at $0.93.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of CLPS Incorporation in a report on Friday, April 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

CLPS Incorporation Trading Down 0.5%

The business has a fifty day moving average price of $0.97 and a 200 day moving average price of $0.95.

CLPS Incorporation (NASDAQ:CLPS) last released its quarterly earnings data on Sunday, February 15th. The company reported $0.03 EPS for the quarter. The firm had revenue of $42.54 million for the quarter.

About CLPS Incorporation

CLPS Incorporation is a Nasdaq-listed provider of digital transformation consulting and IT outsourcing services. The company delivers end-to-end solutions that encompass system integration, custom application development, quality assurance, maintenance and support. CLPS positions itself as a partner for enterprises seeking to streamline operations, modernize legacy systems and accelerate time-to-market through agile software engineering practices.

The firm’s core offerings include enterprise application development, fintech and blockchain solutions, cloud migration, data analytics and automation services.