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$Mastech Digital (MHH.US)$ 🎯 2023.9.1 The current price is ...

$Mastech Digital(MHH.US)$ 🎯 2023.9.1 The current price is 11. It has been 10 and a half months since the last analysis, and the price has dropped by 29%
New data: the second two quarters of 2022 and the whole year, first half of 2023.
In 2022, revenue increased by 9.1%, operating profit fell 17.2%, and net profit fell by 28.7%, mainly as a result of falling gross margin and rapid cost increases.
Revenue shrank by 12% in the first half of 2023, and operating profit and net profit turned into losses.
Currently, the price-earnings ratio is 15.3, and the price-earnings ratio TTM has risen sharply to 64.7. Considering that net interest rates have been extremely low in the past 5 years, it is not very attractive.
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