Investment analysts at StockNews.com started coverage on shares of Mastech Digital (NYSEAMERICAN:MHH - Get Free Report) in a report released on Thursday. The firm set a "buy" rating on the stock.
Mastech Digital Trading Down 0.8 %
NYSEAMERICAN:MHH traded down $0.07 during trading hours on Thursday, hitting $8.46. 1,302 shares of the company were exchanged, compared to its average volume of 5,221. Mastech Digital has a 52-week low of $7.50 and a 52-week high of $11.45. The company has a market cap of $98.31 million, a PE ratio of -13.02, a P/E/G ratio of 0.82 and a beta of 0.53.
Institutional Investors Weigh In On Mastech Digital
A number of institutional investors and hedge funds have recently modified their holdings of the company. Capital Management Corp VA lifted its position in Mastech Digital by 0.5% during the first quarter. Capital Management Corp VA now owns 866,370 shares of the company's stock valued at $7,797,000 after purchasing an additional 4,180 shares during the period. Access Investment Management LLC acquired a new position in shares of Mastech Digital in the 4th quarter valued at about $1,042,000. Anchor Capital Advisors LLC boosted its stake in shares of Mastech Digital by 65.2% in the third quarter. Anchor Capital Advisors LLC now owns 31,635 shares of the company's stock worth $285,000 after buying an additional 12,484 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in Mastech Digital by 11.8% during the third quarter. Janney Montgomery Scott LLC now owns 19,000 shares of the company's stock worth $171,000 after acquiring an additional 2,000 shares during the period. Institutional investors and hedge funds own 18.43% of the company's stock.
About Mastech Digital
(
Get Free Report)
Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates through Data and Analytics Services and IT Staffing Services segments. It offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources.
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