DHI Group, Inc. (NYSE:DHX – Get Free Report)’s share price crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $4.69 and traded as high as $4.84. DHI Group shares last traded at $4.7570, with a volume of 651,402 shares traded.
Analyst Ratings Changes
A number of equities research analysts have recently commented on DHX shares. Weiss Ratings raised shares of DHI Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Zacks Research cut shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. B. Riley Financial lifted their target price on shares of DHI Group from $4.50 to $5.25 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Lake Street Capital upgraded shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.75.
View Our Latest Analysis on DHI Group
DHI Group Stock Up 5.2%
The firm has a 50 day moving average of $4.69 and a 200 day moving average of $3.52. The firm has a market cap of $206.55 million, a price-to-earnings ratio of 158.62 and a beta of 1.24. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.34.
DHI Group (NYSE:DHX – Get Free Report) last issued its earnings results on Wednesday, August 5th. The technology company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. DHI Group had a return on equity of 13.01% and a net margin of 0.97%. The business had revenue of $31.34 million during the quarter, compared to the consensus estimate of $30.88 million. As a group, sell-side analysts predict that DHI Group, Inc. will post 0.27 earnings per share for the current year.
Institutional Trading of DHI Group
Hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC bought a new stake in shares of DHI Group in the 2nd quarter valued at $588,000. Nantahala Capital Management LLC bought a new position in DHI Group during the second quarter worth $8,807,640. Empowered Funds LLC bought a new position in DHI Group during the second quarter worth $299,000. Bank of America Corp DE bought a new position in DHI Group during the second quarter worth $189,000. Finally, AWM Investment Company Inc. acquired a new stake in DHI Group in the second quarter worth $1,846,000. Institutional investors own 69.26% of the company’s stock.
About DHI Group
DHI Group, Inc (NYSE: DHX) is a provider of specialized career marketplaces and recruiting solutions. The company connects employers with highly skilled professionals, with a primary focus on technology and security-cleared talent.
Its principal brands include Dice, a career platform serving technology professionals and employers, and ClearanceJobs, a marketplace focused on professionals who hold or are eligible for U.S. government security clearances. The company’s services include job postings, candidate sourcing, recruitment advertising, employer branding, and related data and analytics tools.
DHI Group was formerly known as Dice Holdings and adopted its current name in 2015.
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