DLH Holdings Corp. (NASDAQ:DLHC – Get Rating) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.33 and traded as low as $11.17. DLH shares last traded at $11.36, with a volume of 70,669 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of DLH from a "strong-buy" rating to a "buy" rating in a report on Wednesday, December 7th.
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The business's fifty day moving average is $12.97 and its two-hundred day moving average is $14.33. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $148.21 million, a PE ratio of 6.97 and a beta of 1.44.
DLH (NASDAQ:DLHC – Get Rating) last posted its earnings results on Monday, December 5th. The business services provider reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates 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
A number of institutional investors and hedge funds have recently modified their holdings of DLHC. UBS Group AG purchased a new position in DLH during the second quarter worth $33,000. Victory Capital Management Inc. purchased a new position in DLH during the second quarter worth $77,000. Denali Advisors LLC boosted its stake in DLH by 16.1% during the second quarter. Denali Advisors LLC now owns 6,500 shares of the business services provider's stock worth $99,000 after buying an additional 900 shares during the period. Trexquant Investment LP purchased a new position in DLH during the third quarter worth $123,000. Finally, Janney Montgomery Scott LLC boosted its stake in DLH by 22.1% during the third quarter. Janney Montgomery Scott LLC now owns 13,108 shares of the business services provider's stock worth $161,000 after buying an additional 2,375 shares during the period. 60.34% of the stock is owned by hedge funds and other institutional investors.
DLH Company Profile
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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.
Further Reading
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