DHI Group (DHX) Hits New 12-Month High at $4.21

DHI Group Inc (NYSE:DHX)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $4.21 and last traded at $4.12, with a volume of 10127 shares traded. The stock had previously closed at $3.87.

Several research firms have issued reports on DHX. Zacks Investment Research cut DHI Group from a “buy” rating to a “hold” rating in a research report on Wednesday, April 10th. B. Riley began coverage on DHI Group in a research report on Tuesday, March 26th. They set a “buy” rating and a $3.50 target price on the stock. ValuEngine upgraded DHI Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. Finally, TheStreet upgraded DHI Group from a “d+” rating to a “c+” rating in a research report on Thursday, February 7th.

The company has a debt-to-equity ratio of 0.21, a current ratio of 0.45 and a quick ratio of 0.45. The stock has a market capitalization of $212.99 million, a PE ratio of 28.20 and a beta of 1.83.

DHI Group (NYSE:DHX) last released its earnings results on Thursday, May 2nd. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.03). DHI Group had a return on equity of 6.72% and a net margin of 3.38%. The business had revenue of $37.12 million for the quarter, compared to analyst estimates of $37.14 million. On average, research analysts expect that DHI Group Inc will post 0.28 earnings per share for the current year.

In other DHI Group news, Director Carol W. Carpenter sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $3.00, for a total transaction of $30,000.00. Following the transaction, the director now owns 96,966 shares in the company, valued at approximately $290,898. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 20,664 shares of company stock worth $64,658 in the last quarter. 8.10% of the stock is currently owned by insiders.

Several large investors have recently made changes to their positions in the company. Morgan Stanley boosted its stake in shares of DHI Group by 6.5% during the 1st quarter. Morgan Stanley now owns 82,673 shares of the technology company’s stock worth $201,000 after acquiring an additional 5,012 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of DHI Group by 8.2% during the 1st quarter. Wells Fargo & Company MN now owns 129,620 shares of the technology company’s stock worth $314,000 after acquiring an additional 9,851 shares in the last quarter. Raymond James & Associates boosted its stake in shares of DHI Group by 26.7% during the 1st quarter. Raymond James & Associates now owns 47,827 shares of the technology company’s stock worth $116,000 after acquiring an additional 10,084 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of DHI Group by 6.0% during the 4th quarter. California Public Employees Retirement System now owns 190,962 shares of the technology company’s stock worth $290,000 after acquiring an additional 10,753 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. purchased a new stake in shares of DHI Group during the 1st quarter worth approximately $42,000. 60.80% of the stock is currently owned by institutional investors and hedge funds.

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DHI Group Company Profile (NYSE:DHX)

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States 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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