Mastech Digital (NYSE:MHH) Shares Down 2.6% – Time to Sell?

Mastech Digital, Inc. (NYSE:MHH) fell 2.6% on Thursday . The company traded as low as $7.50 and last traded at $7.50. 2,978 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 18,444 shares. The stock had previously closed at $7.70.

Mastech Digital Price Performance

The company has a fifty day moving average of $7.17 and a 200-day moving average of $6.79. The firm has a market capitalization of $89.98 million, a PE ratio of 25.86, a price-to-earnings-growth ratio of 0.79 and a beta of 0.86.

Institutional Investors Weigh In On Mastech Digital

Several large investors have recently made changes to their positions in MHH. &PARTNERS increased its holdings in Mastech Digital by 15.8% in the fourth quarter. &PARTNERS now owns 12,510 shares of the company’s stock worth $87,000 after buying an additional 1,707 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Mastech Digital by 57.9% in the first quarter. Janney Montgomery Scott LLC now owns 21,278 shares of the company’s stock valued at $121,000 after acquiring an additional 7,800 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in Mastech Digital in the first quarter valued at approximately $148,000. Cetera Investment Advisers grew its position in Mastech Digital by 18.8% in the second quarter. Cetera Investment Advisers now owns 25,107 shares of the company’s stock worth $180,000 after acquiring an additional 3,975 shares in the last quarter. Finally, Advyzon Investment Management LLC grew its position in Mastech Digital by 90.4% in the fourth quarter. Advyzon Investment Management LLC now owns 42,037 shares of the company’s stock worth $293,000 after acquiring an additional 19,956 shares in the last quarter. Institutional investors own 18.43% of the company’s stock.

About Mastech Digital

Mastech Digital (NYSE: MHH) is a technology services and digital transformation company that provides end-to-end solutions to help organizations modernize their operations. Headquartered in Pittsburgh, Pennsylvania, the company offers a combination of IT staffing and project-based delivery, enabling clients to accelerate cloud adoption, data analytics initiatives, and digital product development. Its blended service model supports enterprises looking to scale technology teams and implement complex digital strategies.

The company’s service portfolio includes IT staffing and recruitment, digital transformation consulting, and specialized digital solutions such as data management, analytics, artificial intelligence, and robotic process automation.