CLPS Incorporation (NASDAQ:CLPS) Releases Earnings Results

CLPS Incorporation (NASDAQ:CLPS) announced its quarterly earnings data on Friday. The company reported $0.03 earnings per share (EPS) for the quarter, FiscalAI reports.

CLPS Incorporation Trading Up 3.5%

CLPS traded up $0.04 during trading on Friday, hitting $1.05. 27,807 shares of the stock were exchanged, compared to its average volume of 18,968. CLPS Incorporation has a 1-year low of $0.80 and a 1-year high of $1.88. The stock has a fifty day moving average price of $1.01 and a two-hundred day moving average price of $0.98.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of CLPS Incorporation in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

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.