Barrington Research Reaffirms “Outperform” Rating for DHI Group (NYSE:DHX)

Barrington Research reissued their outperform rating on shares of DHI Group (NYSE:DHX) in a research report sent to investors on Thursday,Benzinga reports. The brokerage currently has a $7.00 price target on the technology company’s stock.

A number of other equities analysts also recently weighed in on DHX. B. Riley cut their price target on shares of DHI Group from $4.00 to $3.50 and set a “buy” rating on the stock in a report on Wednesday, November 13th. StockNews.com lowered shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th.

DHI Group Stock Performance

Shares of DHI Group stock opened at $1.75 on Thursday. The firm has a market capitalization of $84.58 million, a P/E ratio of 43.76 and a beta of 1.04. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.29. The business’s fifty day simple moving average is $1.74 and its 200 day simple moving average is $1.96. DHI Group has a 12 month low of $1.45 and a 12 month high of $2.98.

Institutional Investors Weigh In On DHI Group

Large investors have recently added to or reduced their stakes in the company. Point72 DIFC Ltd purchased a new position in shares of DHI Group in the second quarter worth about $30,000. Cubist Systematic Strategies LLC bought a new stake in DHI Group during the 2nd quarter valued at $35,000. Virtu Financial LLC purchased a new stake in shares of DHI Group during the first quarter worth $39,000. Allspring Global Investments Holdings LLC bought a new position in shares of DHI Group in the second quarter worth $41,000. Finally, Allworth Financial LP bought a new position in DHI Group in the 3rd quarter worth about $49,000. Hedge funds and other institutional investors own 69.26% of the company’s stock.

DHI Group Company Profile

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.