DHI Group (NYSE:DHX) Shares Cross Above 200-Day Moving Average of $2.50

DHI Group, Inc. (NYSE:DHX - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.50 and traded as high as $2.59. DHI Group shares last traded at $2.45, with a volume of 166,999 shares.

Wall Street Analyst Weigh In

DHX has been the subject of several research reports. StockNews.com downgraded shares of DHI Group from a "strong-buy" rating to a "buy" rating in a report on Friday, March 22nd. Barrington Research reiterated an "outperform" rating and issued a $7.00 price objective on shares of DHI Group in a report on Thursday, February 8th.

DHI Group Stock Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.45 and a current ratio of 0.45. The stock has a market capitalization of $113.11 million, a PE ratio of 29.25 and a beta of 0.99. The firm's 50 day moving average is $2.53 and its two-hundred day moving average is $2.50.

DHI Group (NYSE:DHX - Get Free Report) last released its earnings results on Wednesday, February 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). DHI Group had a net margin of 2.30% and a return on equity of 3.78%. The company had revenue of $37.29 million during the quarter, compared to analysts' expectations of $35.82 million. As a group, research analysts predict that DHI Group, Inc. will post 0.17 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mackenzie Financial Corp acquired a new position in shares of DHI Group during the 3rd quarter worth about $36,000. SG Americas Securities LLC acquired a new position in DHI Group in the third quarter valued at approximately $58,000. WINTON GROUP Ltd increased its stake in DHI Group by 133.9% in the third quarter. WINTON GROUP Ltd now owns 28,926 shares of the technology company's stock valued at $89,000 after purchasing an additional 16,559 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in DHI Group by 133.7% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 69,210 shares of the technology company's stock worth $212,000 after purchasing an additional 39,591 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its holdings in DHI Group by 35,594.4% during the fourth quarter. First Eagle Investment Management LLC now owns 158,126 shares of the technology company's stock worth $410,000 after purchasing an additional 157,683 shares in the last quarter. Institutional investors and hedge funds own 69.26% of the company's stock.

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.