DHI Group (NYSE:DHX) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

DHI Group, Inc. (NYSE:DHX)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.02 and traded as high as $2.55. DHI Group shares last traded at $2.41, with a volume of 107,317 shares changing hands.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on DHX shares. Wall Street Zen lowered shares of DHI Group from a “buy” rating to a “hold” rating in a research note on Friday, May 16th. Barrington Research reissued an “outperform” rating and issued a $7.00 target price on shares of DHI Group in a research report on Friday, March 21st.

DHI Group Trading Down 5.1%

The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.32. The company has a market cap of $117.49 million, a price-to-earnings ratio of -14.18 and a beta of 1.43. The firm has a 50-day moving average price of $1.86 and a 200 day moving average price of $2.02.

DHI Group (NYSE:DHX) last released its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. The firm had revenue of $32.30 million during the quarter, compared to the consensus estimate of $32.23 million. DHI Group had a negative net margin of 5.49% and a positive return on equity of 9.22%. As a group, sell-side analysts forecast that DHI Group, Inc. will post 0.11 EPS for the current year.

Hedge Funds Weigh In On DHI Group

Several institutional investors have recently made changes to their positions in the stock. XTX Topco Ltd bought a new stake in DHI Group in the 4th quarter valued at about $25,000. Picton Mahoney Asset Management raised its holdings in shares of DHI Group by 92.1% during the fourth quarter. Picton Mahoney Asset Management now owns 17,618 shares of the technology company’s stock valued at $31,000 after buying an additional 8,449 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of DHI Group during the fourth quarter valued at approximately $32,000. Cubist Systematic Strategies LLC boosted its position in shares of DHI Group by 258.8% during the first quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock worth $29,000 after buying an additional 15,089 shares during the period. Finally, Ritholtz Wealth Management bought a new position in DHI Group in the 1st quarter worth approximately $37,000. 69.26% of the stock is owned by institutional investors.

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.