CLPS Incorporation (NASDAQ:CLPS) Stock Price Down 1.2% – Should You Sell?

by · The Cerbat Gem

Shares of CLPS Incorporation (NASDAQ:CLPS – Get Free Report) traded down 1.2% during mid-day trading on Friday . The company traded as low as $0.8760 and last traded at $0.8890. 1,919 shares were traded during trading, a decline of 92% from the average session volume of 23,389 shares. The stock had previously closed at $0.90.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of CLPS Incorporation in a research note on Monday, December 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Research Report on CLPS Incorporation

CLPS Incorporation Price Performance

The firm has a 50-day moving average of $0.95 and a 200 day moving average of $0.97.

CLPS Incorporation (NASDAQ:CLPS – Get Free Report) last announced its quarterly earnings data on Friday, October 17th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $40.85 million for the quarter.

About CLPS Incorporation

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CLPS Incorporation provides information technology (IT), consulting, and solutions to institutions operating in banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management.

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