The diversified services industry closed the day up 2.8%. Oxygen Biotherapeutics Inc ( OXBT), Research Frontiers ( REFR), StarTek Inc ( SRT), and Cadiz Inc ( CDZI) were all decliners today within the diversified services industry with CPI Corporation ( CPY) being today's featured diversified services loser. CPI Corporation fell 15 cents (-2.4%) to $6.24 on light volume. Throughout the day, 38,512 shares of CPI Corporation exchanged hands as compared to its average daily volume of 69,900 shares. CPI Corp., through its subsidiaries, engages in the manufacture and sale of professional portrait photography of young children, individuals, and families. It also offers portrait products, portrait choices, ordering options, and service offerings with digital capabilities. CPI Corporation has a market cap of $45.9 million and is part of the services sector. The company has a P/E ratio of 31, above the average diversified services industry P/E ratio of 29.6 and above the S&P 500 P/E ratio of 17.7. Shares are down 71.7% year to date as of the close of trading on Friday. TheStreet Ratings rates CPI as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.
Shares of CPI Corporation (NYSE:CPY) were gapping down Monday morning with an open price 18.9% lower than Friday's closing price. The stock closed at $1.59 yesterday and opened today's trading at $1.29.
Shares of CPI Corporation (NYSE:CPY) have taken a tremendous swing upward. The stock is trading at $1.65 as of 11:45 a.m. ET, 21.3% above Thursday's closing price of $1.36. Volume is at 847,823, 2.6 times the daily average of 321,300.