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

DHI Group logo with Computer and Technology background

DHI Group, Inc. (NYSE:DHX - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.20 and traded as high as $2.86. DHI Group shares last traded at $2.78, with a volume of 59,633 shares.

Analysts Set New Price Targets

Separately, Wall Street Zen cut DHI Group from a "buy" rating to a "hold" rating in a research report on Friday, May 16th.

View Our Latest Stock Report on DHX

DHI Group Price Performance

The company has a 50 day moving average price of $2.56 and a 200 day moving average price of $2.21. The firm has a market cap of $136.45 million, a PE ratio of -16.46 and a beta of 1.53. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.32.

DHI Group (NYSE:DHX - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.01 by $0.03. The business had revenue of $32.30 million for the quarter, compared to analyst estimates of $32.23 million. DHI Group had a positive return on equity of 9.22% and a negative net margin of 5.49%. On average, sell-side analysts expect that DHI Group, Inc. will post 0.11 EPS for the current year.

Institutional Investors Weigh In On DHI Group

A number of institutional investors and hedge funds have recently bought and sold shares of DHX. XTX Topco Ltd purchased a new stake in DHI Group in the 4th quarter valued at approximately $25,000. Cubist Systematic Strategies LLC lifted its stake in DHI Group by 258.8% in the 1st quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company's stock valued at $29,000 after buying an additional 15,089 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in DHI Group in the 4th quarter valued at approximately $32,000. Ritholtz Wealth Management purchased a new stake in DHI Group in the 1st quarter valued at approximately $37,000. Finally, Kazazian Asset Management LLC acquired a new position in DHI Group in the 1st quarter valued at $78,000. Hedge funds and other institutional investors own 69.26% of the company's stock.

About DHI Group

(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.

Further Reading

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