CTPartners Executive Search Inc. (CTP) saw a big move last session, as the company’s shares fell by nearly 13% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $13.68 to $15.55 in the past one-month time frame.
CTPartners Executive has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (no increase, no decrease), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
CTP currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the Staffing industry may consider better-ranked stock like Robert Half International Inc. (RHI), which carries a Zacks Rank #1 (Strong Buy).
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CTPartners Executive (CTP) Crumbles: Stock Tanks 12.6% - Tale of the Tape
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