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 $2.22 and traded as high as $2.98. DHI Group shares last traded at $2.95, with a volume of 164,677 shares trading hands.
Wall Street Analyst Weigh In
DHX has been the subject of several research reports. Zacks Research raised DHI Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 18th. Lake Street Capital cut DHI Group from a "buy" rating to a "hold" rating and set a $3.00 target price for the company. in a research note on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, DHI Group currently has an average rating of "Buy" and an average price target of $4.50.
Read Our Latest Stock Report on DHX
DHI Group Trading Down 3.0%
The company has a market capitalization of $137.79 million, a P/E ratio of -13.67 and a beta of 1.54. The business has a fifty day moving average price of $2.71 and a 200 day moving average price of $2.24. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.29.
Institutional Trading of DHI Group
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cubist Systematic Strategies LLC increased its position in DHI Group by 258.8% during the first quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company's stock worth $29,000 after buying an additional 15,089 shares during the last quarter. Prudential Financial Inc. bought a new stake in DHI Group during the second quarter worth $33,000. Ritholtz Wealth Management acquired a new position in shares of DHI Group during the first quarter worth $37,000. Invesco Ltd. acquired a new position in shares of DHI Group during the second quarter worth $45,000. Finally, NewEdge Advisors LLC increased its holdings in DHI Group by 122.3% in the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company's stock valued at $57,000 after purchasing an additional 22,399 shares during the period. Institutional investors and hedge funds own 69.26% of the company's stock.
DHI Group Company Profile
(
Get Free Report)
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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