Mastech Digital (NYSEAMERICAN:MHH) Stock Crosses Above 200-Day Moving Average of $0.00


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Mastech Digital, Inc. (NYSEAMERICAN:MHH) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $18.14. Mastech Digital shares last traded at $17.85, with a volume of 30,839 shares trading hands.

The company’s 50 day moving average is $17.34. The company has a market cap of $201.19 million, a P/E ratio of 20.36, a P/E/G ratio of 0.56 and a beta of 0.63. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.07.

Mastech Digital (NYSEAMERICAN:MHH) last announced its quarterly earnings data on Tuesday, February 9th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.03). The company had revenue of $48.71 million for the quarter, compared to the consensus estimate of $51.14 million. Mastech Digital had a net margin of 5.16% and a return on equity of 22.53%. Sell-side analysts expect that Mastech Digital, Inc. will post 1.09 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of MHH. Truvestments Capital LLC bought a new position in Mastech Digital in the 4th quarter worth approximately $138,000. JPMorgan Chase & Co. boosted its position in shares of Mastech Digital by 361.2% during the 4th quarter. JPMorgan Chase & Co. now owns 10,686 shares of the company’s stock valued at $170,000 after acquiring an additional 8,369 shares during the last quarter. Seizert Capital Partners LLC bought a new position in shares of Mastech Digital during the 4th quarter valued at approximately $295,000. Janney Montgomery Scott LLC boosted its position in shares of Mastech Digital by 10.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 21,282 shares of the company’s stock valued at $338,000 after acquiring an additional 1,968 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of Mastech Digital by 168.6% during the 3rd quarter. Wells Fargo & Company MN now owns 19,256 shares of the company’s stock valued at $346,000 after acquiring an additional 12,086 shares during the last quarter. Institutional investors and hedge funds own 16.69% of the company’s stock.

Mastech Digital Company Profile (NYSEAMERICAN:MHH)

Mastech Digital, Inc provides digital transformation IT services to large, medium-sized, and small companies in the United States. It operates through two segments, Data and Analytics Services, and IT Staffing Services. The company offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources.

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