CLPS Incorporation (NASDAQ:CLPS) Stock Falls 1% – Here’s Why

CLPS Incorporation (NASDAQ:CLPS – Get Free Report) was down 1% during mid-day trading on Monday. The company traded as low as $1.01 and last traded at $1.02. Approximately 5,320 shares were traded during trading, a decline of 10% from the average session volume of 5,922 shares. The stock had previously closed at $1.03.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of CLPS Incorporation in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, CLPS Incorporation presently has an average rating of “Sell”.

Check Out Our Latest Report on CLPS

CLPS Incorporation Stock Performance

The business’s 50 day moving average is $0.98 and its 200 day moving average is $0.94.

CLPS Incorporation Company Profile

(Get Free Report)

CLPS Incorporation (NASDAQ: CLPS) is a China-based information technology consulting and solutions provider focused primarily on the financial services industry. The company serves banks, insurance companies, securities firms, wealth-management businesses and other financial institutions.

CLPS provides IT consulting, software development, systems integration, application maintenance, testing and technical support services. Its offerings are designed to help clients develop and operate core banking, payment, risk-management, customer-service and other enterprise technology systems.

Further Reading

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