DHI Group (NYSE:DHX) Share Price Passes Above 200-Day Moving Average - Time to Sell?

DHI Group, Inc. (NYSE:DHX - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.12 and traded as high as $3.34. DHI Group shares last traded at $3.28, with a volume of 205,106 shares.

Wall Street Analyst Weigh In

DHX has been the topic of a number of research analyst reports. Barrington Research reaffirmed an "outperform" rating and set a $7.00 price target on shares of DHI Group in a report on Friday, March 21st. Wall Street Zen downgraded DHI Group from a "buy" rating to a "hold" rating in a report on Friday, May 16th.

DHI Group Price Performance

The firm has a market cap of $159.90 million, a PE ratio of -19.29 and a beta of 1.53. The firm has a fifty day simple moving average of $2.24 and a two-hundred day simple moving average of $2.12. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.47 and a current ratio of 0.47.

DHI Group (NYSE:DHX - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.03. DHI Group had a positive return on equity of 9.22% and a negative net margin of 5.49%. The firm had revenue of $32.30 million during the quarter, compared to analyst estimates of $32.23 million. Equities analysts predict that DHI Group, Inc. will post 0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tieton Capital Management LLC lifted its holdings in shares of DHI Group by 24.3% in the 4th quarter. Tieton Capital Management LLC now owns 3,008,584 shares of the technology company's stock valued at $5,325,000 after buying an additional 587,376 shares during the period. Pacific Ridge Capital Partners LLC lifted its holdings in shares of DHI Group by 9.5% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 3,237,947 shares of the technology company's stock valued at $5,731,000 after buying an additional 280,699 shares during the period. AWM Investment Company Inc. lifted its holdings in shares of DHI Group by 17.2% in the 4th quarter. AWM Investment Company Inc. now owns 681,000 shares of the technology company's stock valued at $1,205,000 after buying an additional 100,000 shares during the period. Royce & Associates LP lifted its holdings in shares of DHI Group by 2.7% in the 4th quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company's stock valued at $6,108,000 after buying an additional 91,786 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of DHI Group by 37.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company's stock valued at $440,000 after buying an additional 86,631 shares during the period. 69.26% of the stock is currently owned by hedge funds and other institutional investors.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.

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