Analyzing CLPS Incorporation (CLPS) By Technical Indicators


At the last check on Friday, CLPS Incorporation’s (NASDAQ:CLPS) stock was up $0.11, moving up 9.57 percent to $1.26. The average number of shares traded per day over the past five days has been 163,912 shares. 2 times new highs have been achieved over the past 5 days, with a $0.0800 gain in that time frame. In the last twenty days, the average volume was 61,633, while in the previous 50 days, it was 32,521.

Since last month, CLPS stock rose 15.60%. Shares of the company fell to $1.0614 on 04/27/23, the lowest level in the past month. A 52-week high of $2.30 was reached on 01/17/23 after having rallying from a 52-week low of $0.99. Since the beginning of this year, CLPS’s stock price has risen by 12.50% or $0.1600, and marked a new high 6 times. However, the stock has declined by -45.11% since its 52-week high.

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Valuation Metrics

The stock’s beta is 2.17. Besides these, the trailing price-to-sales (P/S) ratio of 0.18, the price-to-book (PB) ratio of 0.39.

Financial Health

In the recent quarter, CLPS Incorporation’s quick ratio stood at 2.30, while its current ratio was 2.30, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 24.30% percent. In the recent year, EBITDA margin amounted to 4.46%, whereas operating margins totaled 0.80%. Based on annual data, CLPS earned $40.99 million in gross profit and brought in $152.02 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.40%. Return on equity (ROE) for the past 12 months was -0.80%.

CLPS’s revenue rose 17.08% during the quarter, while net income inched up to $152.02 million. The liabilities of CLPS Incorporation were 41.83 million at the end of its most recent quarter, and its total debt was $18.0 million.

Technical Picture

This quick technical analysis looks at CLPS Incorporation’s (CLPS) price momentum. With a historical volatility rate of 80.77%, the RSI 9-day stood at 64.46% on 25 May.

With respect to its five-day moving average, the current CLPS Incorporation price is up by +6.67% percent or $0.0800. At present, CLPS shares trade +12.28% above its 20-day simple moving average and +18.52% percent above its 100-day simple moving average. However, the stock is currently trading approximately +9.40% above its SMA50 and -26.01% below its SMA200.

Stochastic coefficient K was 53.03% and Stochastic coefficient D was 44.16%, while ATR was 0.0947. Given the Stochastic reading of 95.45% for the 14-day period, the RSI (14) reading has been calculated as 60.23%.


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