DLH (NASDAQ:DLHC) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell?

DLH Holdings Corp. (NASDAQ:DLHC - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.14 and traded as low as $4.93. DLH shares last traded at $4.98, with a volume of 46,411 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered DLH from a "buy" rating to a "hold" rating in a research report on Friday, February 7th.

DLH Trading Down 5.1 %

The company has a market cap of $64.88 million, a PE ratio of 10.25 and a beta of 1.40. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.04 and a quick ratio of 1.04. The company has a 50-day moving average of $6.60 and a 200 day moving average of $8.08.

DLH (NASDAQ:DLHC - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The business services provider reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. DLH had a return on equity of 5.82% and a net margin of 1.64%. Analysts predict that DLH Holdings Corp. will post -0.13 earnings per share for the current year.

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Insiders Place Their Bets

In other news, CFO Kathryn M. Johnbull acquired 10,000 shares of the firm's stock in a transaction on Tuesday, December 17th. The stock was acquired at an average price of $7.76 per share, with a total value of $77,600.00. Following the completion of the purchase, the chief financial officer now directly owns 528,687 shares in the company, valued at approximately $4,102,611.12. This trade represents a 1.93 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 15.30% of the stock is owned by insiders.

Institutional Trading of DLH

Several institutional investors have recently added to or reduced their stakes in the company. Minerva Advisors LLC raised its stake in shares of DLH by 24.2% during the third quarter. Minerva Advisors LLC now owns 636,377 shares of the business services provider's stock valued at $5,950,000 after acquiring an additional 123,796 shares in the last quarter. State Street Corp raised its stake in shares of DLH by 3.9% during the third quarter. State Street Corp now owns 111,447 shares of the business services provider's stock valued at $1,043,000 after acquiring an additional 4,165 shares in the last quarter. Barclays PLC raised its stake in shares of DLH by 299.3% during the third quarter. Barclays PLC now owns 11,716 shares of the business services provider's stock valued at $109,000 after acquiring an additional 8,782 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of DLH by 654.8% during the third quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider's stock valued at $139,000 after acquiring an additional 12,906 shares in the last quarter. Finally, Albert D Mason Inc. raised its stake in shares of DLH by 10.7% during the fourth quarter. Albert D Mason Inc. now owns 103,575 shares of the business services provider's stock valued at $832,000 after acquiring an additional 10,016 shares in the last quarter. Institutional investors own 67.25% of the company's stock.

About DLH

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 digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).