DLH (NASDAQ:DLHC) Stock Passes Below 200-Day Moving Average of $14.18

Shares of DLH Holdings Corp. (NASDAQ:DLHCGet Rating) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.18 and traded as low as $10.76. DLH shares last traded at $11.05, with a volume of 54,826 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of DLH from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 7th.

DLH Trading Up 1.8 %

The company’s 50 day moving average price is $12.78 and its 200 day moving average price is $14.18. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market cap of $144.17 million, a PE ratio of 6.78 and a beta of 1.44.

DLH (NASDAQ:DLHCGet Rating) last posted its quarterly earnings data on Monday, December 5th. The business services provider reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). DLH had a net margin of 5.89% and a return on equity of 22.31%. The business had revenue of $67.23 million during the quarter, compared to analysts’ expectations of $67.00 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp lifted its position in shares of DLH by 4.2% during the 3rd quarter. State Street Corp now owns 35,009 shares of the business services provider’s stock worth $430,000 after purchasing an additional 1,400 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of DLH by 12.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 49,792 shares of the business services provider’s stock worth $611,000 after purchasing an additional 5,502 shares during the last quarter. Two Sigma Advisers LP purchased a new stake in shares of DLH during the 3rd quarter worth $185,000. Two Sigma Investments LP purchased a new stake in shares of DLH during the 3rd quarter worth $163,000. Finally, Trexquant Investment LP purchased a new stake in shares of DLH during the 3rd quarter worth $123,000. Institutional investors and hedge funds own 60.34% of the company’s stock.

DLH Company Profile

(Get Rating)

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers defense and veteran health solutions, including healthcare, technology, and logistics solutions to the VA, Defense Health Agency, Tele-medicine and Advanced Technology Research Center, Navy Bureau of Medicine and Surgery, and the Army Medical Research and Material Command.

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