DHI Group, Inc. (NYSE:DHX) Receives Consensus Rating of “Hold” from Analysts

Shares of DHI Group, Inc. (NYSE:DHX) have been assigned an average recommendation of “Hold” from the five research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $4.50.

A number of research firms have issued reports on DHX. Zacks Research cut shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Lake Street Capital cut shares of DHI Group from a “buy” rating to a “hold” rating and set a $3.00 target price for the company. in a research note on Thursday, August 7th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of DHI Group in a research note on Wednesday, October 8th.

Institutional Trading of DHI Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Ritholtz Wealth Management increased its position in DHI Group by 209.8% during the third quarter. Ritholtz Wealth Management now owns 115,392 shares of the technology company’s stock worth $321,000 after acquiring an additional 78,142 shares during the period. Evergreen Capital Management LLC bought a new position in DHI Group during the second quarter worth $603,000. Sei Investments Co. increased its position in DHI Group by 22.3% during the second quarter. Sei Investments Co. now owns 57,089 shares of the technology company’s stock worth $170,000 after acquiring an additional 10,426 shares during the period. 22NW LP increased its position in DHI Group by 26.7% during the second quarter. 22NW LP now owns 3,299,937 shares of the technology company’s stock worth $9,801,000 after acquiring an additional 696,294 shares during the period. Finally, Invesco Ltd. bought a new position in DHI Group during the second quarter worth $45,000. 69.26% of the stock is currently owned by institutional investors and hedge funds.

DHI Group Stock Performance

DHI Group stock opened at $1.93 on Tuesday. The firm’s 50 day simple moving average is $2.54 and its 200-day simple moving average is $2.41. The company has a market cap of $92.66 million, a P/E ratio of -9.19 and a beta of 1.53. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.42 and a quick ratio of 0.42. DHI Group has a fifty-two week low of $1.21 and a fifty-two week high of $3.34.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.