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

DLH Holdings Corp. (NASDAQ:DLHC - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $9.09 and traded as low as $7.48. DLH shares last traded at $7.50, with a volume of 36,711 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com raised DLH from a "hold" rating to a "buy" rating in a research report on Thursday, January 9th.

DLH Stock Performance

The firm has a market capitalization of $106.05 million, a price-to-earnings ratio of 14.45 and a beta of 1.18. The firm's 50-day moving average price is $7.86 and its two-hundred day moving average price is $8.99. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.99 and a current ratio of 0.99.

DLH (NASDAQ:DLHC - Get Free Report) last released its quarterly earnings data on Wednesday, December 4th. The business services provider reported $0.16 earnings per share for the quarter. DLH had a return on equity of 6.88% and a net margin of 1.87%. Sell-side analysts predict that DLH Holdings Corp. will post -0.11 earnings per share for the current year.

Insider Activity at DLH

In other news, CFO Kathryn M. Johnbull purchased 10,000 shares of the business's stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average cost of $7.76 per share, with a total value of $77,600.00. Following the acquisition, the chief financial officer now directly owns 528,687 shares of the company's stock, valued at approximately $4,102,611.12. This trade represents a 1.93 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 15.30% of the stock is owned by insiders.

Institutional Trading of DLH

Hedge funds have recently modified their holdings of the company. Barclays PLC grew its position in DLH by 299.3% during the 3rd quarter. Barclays PLC now owns 11,716 shares of the business services provider's stock worth $109,000 after acquiring an additional 8,782 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in DLH by 654.8% in the third quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider's stock worth $139,000 after purchasing an additional 12,906 shares in the last quarter. Squarepoint Ops LLC bought a new stake in shares of DLH during the second quarter worth $367,000. Bank of New York Mellon Corp increased its stake in shares of DLH by 27.6% in the fourth quarter. Bank of New York Mellon Corp now owns 39,263 shares of the business services provider's stock valued at $315,000 after buying an additional 8,481 shares in the last quarter. Finally, Albert D Mason Inc. raised its holdings in shares of DLH by 1.5% in the third quarter. Albert D Mason Inc. now owns 93,559 shares of the business services provider's stock valued at $876,000 after buying an additional 1,403 shares during the last quarter. Institutional investors and hedge funds own 67.25% of the company's stock.

DLH Company Profile

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).