DHI Group (NYSE:DHX) Receives “Outperform” Rating from Barrington Research

DHI Group (NYSE:DHX)‘s stock had its “outperform” rating restated by Barrington Research in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $7.00 price target on the technology company’s stock. Barrington Research’s target price would suggest a potential upside of 297.73% from the company’s current price.

Separately, StockNews.com lowered DHI Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 16th.

DHI Group Stock Performance

DHX opened at $1.76 on Monday. The company has a 50 day simple moving average of $1.73 and a two-hundred day simple moving average of $1.99. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.45 and a quick ratio of 0.45. The firm has a market cap of $85.19 million, a P/E ratio of 29.33 and a beta of 1.04. DHI Group has a 1-year low of $1.45 and a 1-year high of $2.98.

Hedge Funds Weigh In On DHI Group

Several hedge funds have recently modified their holdings of DHX. Point72 DIFC Ltd bought a new stake in DHI Group in the 2nd quarter valued at $30,000. Cubist Systematic Strategies LLC bought a new position in DHI Group during the second quarter valued at approximately $35,000. Virtu Financial LLC purchased a new position in DHI Group during the 1st quarter valued at approximately $39,000. Allspring Global Investments Holdings LLC bought a new stake in DHI Group in the 2nd quarter worth approximately $41,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of DHI Group during the 1st quarter worth approximately $45,000. Hedge funds and other institutional investors own 69.26% of the company’s stock.

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.