DHI Group (NYSE:DHX) Shares Cross Above Two Hundred Day Moving Average - What's Next?

DHI Group, Inc. (NYSE:DHX - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.16 and traded as high as $2.88. DHI Group shares last traded at $2.62, with a volume of 236,322 shares changing hands.

Analyst Ratings Changes

A number of analysts recently issued reports on DHX shares. Barrington Research reissued an "outperform" rating and issued a $7.00 target price on shares of DHI Group in a research report on Friday, March 21st. Wall Street Zen cut DHI Group from a "buy" rating to a "hold" rating in a research report on Friday, May 16th.

DHI Group Stock Down 4.6%

The stock has a market cap of $127.48 million, a price-to-earnings ratio of -15.38 and a beta of 1.53. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.32. The stock has a fifty day moving average of $2.48 and a two-hundred day moving average of $2.18.

DHI Group (NYSE:DHX - Get Free Report) last announced its 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. 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%. As a group, analysts predict that DHI Group, Inc. will post 0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On DHI Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tieton Capital Management LLC lifted its position in DHI Group by 24.3% in the fourth quarter. Tieton Capital Management LLC now owns 3,008,584 shares of the technology company's stock worth $5,325,000 after purchasing an additional 587,376 shares during the period. Pacific Ridge Capital Partners LLC lifted its position in shares of DHI Group by 9.5% during 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 acquiring an additional 280,699 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of DHI Group during the 4th quarter valued at $25,000. NewEdge Advisors LLC acquired a new stake in shares of DHI Group during the 4th quarter valued at $32,000. Finally, Northern Trust Corp lifted its position in shares of DHI Group by 7.0% during the 4th quarter. Northern Trust Corp now owns 77,687 shares of the technology company's stock valued at $138,000 after acquiring an additional 5,090 shares during the last quarter. 69.26% of the stock is owned by institutional investors.

DHI Group Company Profile

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.