CLPS Incorporation (NASDAQ:CLPS) Stock Price Down 3.7%

CLPS Incorporation (NASDAQ:CLPS – Get Rating)’s share price dropped 3.7% during trading on Monday . The stock traded as low as $1.54 and last traded at $1.55. Approximately 10,571 shares changed hands during trading, a decline of 82% from the average daily volume of 59,627 shares. The stock had previously closed at $1.61.

CLPS Incorporation Trading Down 3.7 %

The firm has a 50-day simple moving average of $1.23 and a 200 day simple moving average of $1.39.

Institutional Investors Weigh In On CLPS Incorporation

A hedge fund recently raised its stake in CLPS Incorporation stock. Citadel Advisors LLC increased its holdings in CLPS Incorporation (NASDAQ:CLPS – Get Rating) by 172.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,219 shares of the company’s stock after purchasing an additional 21,675 shares during the period. Citadel Advisors LLC owned 0.15% of CLPS Incorporation worth $45,000 as of its most recent SEC filing. 0.28% of the stock is currently owned by institutional investors.

About CLPS Incorporation

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CLPS, Inc operates as a holding company, which engages in the provision of information technology, consulting, and solutions service to banking, insurance, and financial sectors. The company was founded in 2005 and is headquartered in Hong Kong.