DLH (NASDAQ:DLHC) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Key Points

• DLH shares crossed above its 50‑day moving average, trading as high as $6.03 versus a 50‑day MA of $5.84 and a 200‑day MA of $5.82 on light volume (4,435 shares).
• Analyst sentiment is mixed but cautious: Weiss Ratings reaffirmed a "sell (d)" while Zacks upgraded the stock to a "hold", leaving an average MarketBeat rating of "Reduce" (one Hold, one Sell).
• Company remains unprofitable despite insider buying: DLH reported negative EPS and a P/E of -86.13 with a revenue miss, though major shareholder Mink Brook increased its stake and insiders own 12.8% while institutions hold 67.25%.

DLH Holdings Corp. (NASDAQ:DLHC - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.84 and traded as high as $6.03. DLH shares last traded at $6.03, with a volume of 4,435 shares.

Analyst Ratings Changes

DLHC has been the subject of several analyst reports. Weiss Ratings reaffirmed a "sell (d)" rating on shares of DLH in a report on Monday. Zacks Research raised shares of DLH from a "strong sell" rating to a "hold" rating in a report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Reduce".

DLH Stock Performance

The company's fifty day simple moving average is $5.84 and its 200 day simple moving average is $5.82. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $87.37 million, a P/E ratio of -86.13 and a beta of 1.57.

DLH (NASDAQ:DLHC - Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The business services provider reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.02). DLH had a negative net margin of 0.33% and a negative return on equity of 0.95%. The firm had revenue of $68.89 million during the quarter, compared to the consensus estimate of $70.15 million. As a group, sell-side analysts forecast that DLH Holdings Corp. will post -0.46 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder Mink Brook Asset Management Ll purchased 22,057 shares of the business's stock in a transaction on Wednesday, February 18th. The stock was purchased at an average cost of $5.50 per share, with a total value of $121,313.50. Following the acquisition, the insider directly owned 1,975,147 shares in the company, valued at approximately $10,863,308.50. This trade represents a 1.13% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have acquired 46,839 shares of company stock valued at $257,615. 12.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Mink Brook Asset Management LLC boosted its holdings in DLH by 2.3% in the 4th quarter. Mink Brook Asset Management LLC now owns 2,625,847 shares of the business services provider's stock valued at $14,836,000 after purchasing an additional 59,498 shares during the period. Minerva Advisors LLC boosted its holdings in DLH by 0.5% in the 3rd quarter. Minerva Advisors LLC now owns 1,116,802 shares of the business services provider's stock valued at $6,310,000 after purchasing an additional 6,059 shares during the period. Vanguard Group Inc. boosted its holdings in DLH by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 494,618 shares of the business services provider's stock valued at $2,795,000 after purchasing an additional 5,735 shares during the period. Rothschild Wealth LLC bought a new position in DLH in the 4th quarter valued at $928,000. Finally, North Star Investment Management Corp. bought a new position in DLH in the 1st quarter valued at $786,000. 67.25% of the stock is owned by institutional investors.

DLH Company Profile

DLH Holdings Corp. NASDAQ: DLHC is a provider of mission-driven professional services primarily to federal government agencies and select commercial clients. The company designs and delivers tailored solutions across a range of critical mission areas, including program and project management, consulting, technical assistance, and administrative support. Through its Healthcare Solutions offerings, DLH also specializes in supporting clinical and allied health staffing needs for federal health agencies and health systems.

Operating under its Federal Solutions segment, DLH partners with agencies such as the Department of Veterans Affairs, Department of Defense, Department of Homeland Security, and the Department of Health and Human Services.

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