CIBER, Inc. (NYSE:CBR) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Boasting a price of $1.11, CIBER, Inc. (NYSE:CBR) traded -3.48% lower on the day. With the last stock price close down -27.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. CIBER, Inc. has recorded a 50-day average of $1.23 and a two hundred day average of $1.52. Volume of trade was down over the average, with 157,923 shares of CBR changing hands under the typical 403,162
Zacks Investment Research has downgraded CIBER, Inc. (NYSE:CBR) to Strong Sell in a statement released on 10/4/2016.
On 05/05/2016, Maxim Group released a statement for CIBER, Inc. (NYSE:CBR) bumped down the target price from $5.00 to $3.00 that suggested an upside of 0.83%.
With a total market value of $0, CIBER, Inc. has with a one year low of $0.93 and a one year high of $3.90 .
A total of 3 equity analysts have released a ratings update on CBR. zero equity analysts rating the company a strong buy, two equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $2.75.
Brief Synopsis About CIBER, Inc. (NYSE:CBR)
Ciber, Inc. (Ciber) is a global information technology (IT) services company. The Company operates in two segments: North America and International. Its Ciber International segment primarily consists of countries in Western Europe and the Nordic region. Its North America segment is organized into service offerings, which include Independent Software Vendor Relationships (ISV)/Channel Partner Platforms, Managed Services, Business Consulting, Application Development and Management (ADM)/Staffing, and Software-as-a-Service (SaaS). It provides project management, application and technical consulting, and database administration for both implementation projects and managed-services engagements. It also provides a solution, Ciber Compliance Suite, which helps SAP customers monitor the usage of their SAP systems. Its business consulting offering helps clients manage their business by offering expertise in IT strategy, enterprise architecture and vertical business processes.
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