CLPS Incorporation (NASDAQ:CLPS – Get Free Report) shares were up 3% on Monday. The stock traded as high as $1.00 and last traded at $0.9650. 2,987 shares traded hands during trading, a decline of 63% from the average daily volume of 8,093 shares. The stock had previously closed at $0.9370.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of CLPS Incorporation in a research note on Monday, October 19th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has a consensus rating of “Sell”.
CLPS Incorporation Stock Up 3.0%
The firm’s fifty day moving average price is $1.01 and its 200-day moving average price is $0.97.
CLPS Incorporation (NASDAQ:CLPS – Get Free Report) last issued its quarterly earnings results on Friday, October 16th. The company reported ($0.22) earnings per share (EPS) for the quarter. The firm had revenue of $43.56 million during the quarter.
About CLPS Incorporation
CLPS Incorporation is an information technology consulting and solutions company founded in 2005 and headquartered in Shanghai, China. The company primarily serves financial institutions, with a focus on banking, wealth management, insurance and related financial-services businesses.
CLPS provides software development, information technology consulting, systems integration, maintenance and support, and IT outsourcing services. Its offerings are designed to help clients develop, implement and manage technology platforms and business applications, including solutions for core banking, payments, customer relationship management, risk management and other financial-services operations.
The company serves clients in China and has expanded its activities internationally through operations and business relationships in markets that have included North America, Southeast Asia, Japan, Australia and Hong Kong.
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