IT solutions and staffing provider Ciber Inc. (NYSE: CBR) received notice on Nov. 17 from the New York Stock Exchange that it is not in compliance with the continued listing standard, which requires that the average closing price of a listed company’s common stock be above $1.00 per share for any period of 30 consecutive trading days.

Under applicable NYSE rules, the company has six months from its receipt of the notice to cure the deficiency and regain compliance by having a closing price of at least $1.00 per share on the last trading day of any calendar month during the six-month cure period, and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that same month.

During the six-month period, the company’s common stock will continue to be listed and traded on the NYSE, subject to compliance with the other applicable NYSE listing standards.

Ciber stated it intend to regain compliance with the minimum share price rule.

The Greenwood Village, Colo.-based company hired strategic advisor Houlihan Lokey, a global investment bank, to examine different alternatives for the company, according to an Oct. 24 filing with the US Securities and Exchange Commission. Those alternatives could include refinancing, acquisitions, joint venture, a divestiture or other steps.

Ciber has recently sold several European divisions. It closed on the sale of its Ciber Nederland BV in the Netherlands on June 16 to ManpowerGroup Inc. (NYSE: MAN) for a purchase price of $25 million. Ciber also sold its Norwegian business to ManpowerGroup and sold its Swedish business to Bouvet Stockholm AB. However, the firm still has other European operations.