CIBER Director Richard Kenneth Jr. Coleman Purchases 2,000 Shares (CBR)
CIBER (NYSE:CBR) Director Richard Kenneth Jr. Coleman acquired 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average cost of $3.55 per share, with a total value of $7,100.00. Following the transaction, the director now directly owns 6,475 shares of the company’s stock, valued at approximately $22,986. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of CIBER (NYSE:CBR) traded up 0.54% during mid-day trading on Wednesday, hitting $3.70. 133,399 shares of the company’s stock traded hands. CIBER has a one year low of $3.08 and a one year high of $5.09. The stock’s 50-day moving average is $4.50 and its 200-day moving average is $4.44. The company’s market cap is $288.7 million.
CIBER (NYSE:CBR) last announced its earnings results on Tuesday, July 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.08. The company had revenue of $214.60 million for the quarter, compared to the consensus estimate of $223.10 million. During the same quarter in the previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. On average, analysts predict that CIBER will post $0.10 earnings per share for the current fiscal year.
Separately, analysts at Zacks downgraded shares of CIBER from a “neutral” rating to an “underperform” rating in a research note on Friday, August 1st. They now have a $3.30 price target on the stock.
CIBER, Inc (NYSE:CBR) is a provider of information technology (IT), business consulting and outsourcing services.
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