DHI Group (NYSE:DHX) Stock Price Passes Above 200 Day Moving Average of $2.25


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DHI Group, Inc. (NYSE:DHX) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.25 and traded as high as $2.34. DHI Group shares last traded at $2.30, with a volume of 117,822 shares.

Several brokerages recently commented on DHX. Zacks Investment Research downgraded shares of DHI Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 7th. TheStreet downgraded shares of DHI Group from a “c” rating to a “d” rating in a research note on Friday, November 27th.

The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.80 and a current ratio of 0.80. The stock’s 50-day simple moving average is $2.12 and its 200-day simple moving average is $2.25. The firm has a market capitalization of $120.61 million, a PE ratio of -3.90, a P/E/G ratio of 0.70 and a beta of 1.46.

DHI Group (NYSE:DHX) last issued its quarterly earnings data on Wednesday, November 4th. The technology company reported ($0.57) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.59). The company had revenue of $33.25 million for the quarter, compared to analysts’ expectations of $33.45 million. DHI Group had a negative net margin of 20.15% and a positive return on equity of 6.20%. During the same period in the previous year, the firm posted $0.08 earnings per share. As a group, analysts predict that DHI Group, Inc. will post 0.15 earnings per share for the current fiscal year.

In other DHI Group news, Director Carol W. Carpenter sold 34,743 shares of the business’s stock in a transaction on Thursday, December 24th. The shares were sold at an average price of $2.05, for a total transaction of $71,223.15. Following the transaction, the director now directly owns 124,784 shares of the company’s stock, valued at approximately $255,807.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 9.40% of the stock is currently owned by insiders.

Several hedge funds have recently made changes to their positions in DHX. Goldman Sachs Group Inc. boosted its holdings in shares of DHI Group by 2.8% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,191,840 shares of the technology company’s stock valued at $2,503,000 after buying an additional 32,488 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of DHI Group by 1,959.8% during the 2nd quarter. Bank of America Corp DE now owns 14,604 shares of the technology company’s stock valued at $31,000 after buying an additional 13,895 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of DHI Group during the 2nd quarter valued at $49,000. Janney Montgomery Scott LLC boosted its holdings in shares of DHI Group by 28.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 106,332 shares of the technology company’s stock valued at $240,000 after buying an additional 23,633 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new stake in shares of DHI Group during the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 75.07% of the company’s stock.

About DHI Group (NYSE:DHX)

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States, the United Kingdom, rest of Europe, the Middles East, Africa, Asia-Pacific regions, and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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