CSP (NASDAQ:CSPI - Get Free Report) announced its quarterly earnings results on Friday. The information technology services provider reported ($0.18) earnings per share (EPS) for the quarter, Zacks reports. CSP had a net margin of 4.42% and a return on equity of 5.38%.
CSP Price Performance
CSP stock traded down $1.58 during midday trading on Friday, hitting $14.92. 106,223 shares of the company were exchanged, compared to its average volume of 79,432. The company has a market cap of $145.68 million, a PE ratio of 53.29 and a beta of 1.44. CSP has a fifty-two week low of $9.07 and a fifty-two week high of $29.92. The company's fifty day moving average price is $14.57 and its 200-day moving average price is $14.18.
About CSP
(
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CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.
Further Reading
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