StockNews.com Begins Coverage on Mastech Digital (NYSE:MHH)

StockNews.com began coverage on shares of Mastech Digital (NYSE:MHHGet Rating) in a research note issued to investors on Thursday. The firm set a “buy” rating on the stock.

NYSE:MHH opened at $18.82 on Thursday. The stock’s fifty day moving average price is $19.08. Mastech Digital has a 52-week low of $14.00 and a 52-week high of $21.83. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $216.91 million, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 0.64 and a beta of 0.52.

Mastech Digital (NYSE:MHHGet Rating) last posted its quarterly earnings results on Wednesday, February 9th. The company reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.02). The company had revenue of $59.05 million during the quarter, compared to analyst estimates of $59.91 million. Mastech Digital had a net margin of 5.76% and a return on equity of 19.26%. Analysts forecast that Mastech Digital will post 1.43 EPS for the current fiscal year.

About Mastech Digital (Get Rating)

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. It operates through two segments, Data and Analytics Services, and IT Staffing Services. The company 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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