CLPS Incorporation (NASDAQ: CLPS)’s stock price has increased by 6.09 compared to its previous closing price of 1.15. However, the company has seen a 1.67% increase in its stock price over the last five trading sessions.
Is It Worth Investing in CLPS Incorporation (NASDAQ: CLPS) Right Now?
Moreover, the 36-month beta value for CLPS is 2.17. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CLPS is 9.27M and currently, short sellers hold a 0.00% of that float. On May 26, 2023, CLPS’s average trading volume was 18.18K shares.
CLPS’s Market Performance
CLPS’s stock has seen a 1.67% increase for the week, with a 11.93% rise in the past month and a -9.63% fall in the past quarter. The volatility ratio for the week is 5.94%, and the volatility levels for the past 30 days are at 8.81% for CLPS Incorporation The simple moving average for the past 20 days is 4.65% for CLPS’s stock, with a -5.00% simple moving average for the past 200 days.
CLPS Trading at 7.15% from the 50-Day Moving Average
After a stumble in the market that brought CLPS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.86% of loss for the given period.
Volatility was left at 8.81%, however, over the last 30 days, the volatility rate increased by 5.94%, as shares surge +7.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.27% upper at present.
During the last 5 trading sessions, CLPS rose by +1.67%, which changed the moving average for the period of 200-days by -29.48% in comparison to the 20-day moving average, which settled at $1.1698. In addition, CLPS Incorporation saw 8.93% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CLPS
Current profitability levels for the company are sitting at:
- +3.86 for the present operating margin
- +26.96 for the gross margin
The net margin for CLPS Incorporation stands at +2.93. The total capital return value is set at 7.96, while invested capital returns managed to touch 7.23. Equity return is now at value -0.80, with -0.50 for asset returns.
Based on CLPS Incorporation (CLPS), the company’s capital structure generated 21.75 points at debt to equity in total, while total debt to capital is 17.86.
When we switch over and look at the enterprise to sales, we see a ratio of 0.15, with the company’s debt to enterprise value settled at 0.49. The receivables turnover for the company is 3.08 and the total asset turnover is 1.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.53.
Conclusion
To wrap up, the performance of CLPS Incorporation (CLPS) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
