DHI Group (NYSE:DHX) cut to “buy” on StockNews.com
DHI Group (NYSE: DHX – Get an Assessment) was downgraded by StockNews.com equity research analysts from a “strong buy” rating to a “buy” rating in a research report released on Saturday.
Separately, TheStreet downgraded the DHI group from a “b-” rating to a “c” rating in a Friday, May 20 research note.
DHI Group inventory up 1.2%
DHX opened at $5.13 on Friday. The company has a 50-day moving average price of $5.10 and a two-hundred-day moving average price of $5.65. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt ratio of 0.28. The company has a market capitalization of $248.82 million, a PE ratio of 513.51, a P/E/G ratio of 2.98 and a beta of 1.33. The DHI group has a 52-week low of $4.07 and a 52-week high of $7.57.
Institutional trading of the DHI group
Several institutional investors and hedge funds have recently increased or reduced their stake in DHX. Bank of America Corp DE increased its stake in shares of DHI Group by 333.8% during the 1st quarter. Bank of America Corp DE now owns 4,247 shares of the technology company worth $25,000 after buying 3,268 more shares last quarter. Legal & General Group Plc bought a new position in DHI Group shares during Q2 worth around $40,000. BNP Paribas Arbitrage SA increased its stake in DHI Group shares by 378,700.0% during the first quarter. BNP Paribas Arbitrage SA now owns 7,576 shares of the technology company worth $45,000 after buying 7,574 additional shares last quarter. Lazard Asset Management LLC bought a new position in shares of DHI Group during Q2 worth approximately $55,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of DHI Group during Q2 worth approximately $61,000. 78.74% of the shares are held by hedge funds and other institutional investors.
About DHI Group
(Get an assessment)
DHI Group, Inc provides data, insights and employment connections through specialist services for technology professionals in the US, UK, Rest of Europe, Middle East , in Africa, Asia-Pacific and internationally. The company operates Dice which provides job postings from technology and non-technology companies to industries, such as positions for software engineers, big data professionals, system administrators, database specialists, project managers and other technology and engineering professionals; and ClearanceJobs, an internet-based careers network that connects security-cleared professionals with staffing firms looking for employees.
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