DLH Holdings Corp. (NASDAQ:DLHC - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.23 and traded as low as $8.00. DLH shares last traded at $8.25, with a volume of 86,156 shares traded.
DLH Stock Down 2.6 %
The company has a market cap of $116.99 million, a price-to-earnings ratio of 48.53 and a beta of 1.16. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.32. The firm's fifty day moving average price is $9.03 and its 200-day moving average price is $10.23.
Hedge Funds Weigh In On DLH
Large investors have recently added to or reduced their stakes in the company. Minerva Advisors LLC boosted its position 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 worth $5,950,000 after buying an additional 123,796 shares during the period. Victory Capital Management Inc. acquired a new position in DLH during the 2nd quarter worth approximately $1,013,000. Dimensional Fund Advisors LP grew its stake in shares of DLH by 24.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider's stock worth $2,469,000 after acquiring an additional 45,915 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of DLH during the 2nd quarter worth approximately $367,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of DLH in the first quarter valued at approximately $328,000. Institutional investors own 67.25% of the company's stock.
About DLH
(
Get Free Report)
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).
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