Mastech Digital, Inc. (NYSE:MHH - Get Free Report)'s share price fell 4.3% during trading on Tuesday . The stock traded as low as $14.25 and last traded at $14.30. 19,757 shares traded hands during trading, a decline of 61% from the average session volume of 50,553 shares. The stock had previously closed at $14.95.
Analyst Ratings Changes
Separately, StockNews.com upgraded Mastech Digital from a "buy" rating to a "strong-buy" rating in a report on Tuesday.
View Our Latest Stock Analysis on Mastech Digital
Mastech Digital Price Performance
The stock's fifty day simple moving average is $14.04 and its 200-day simple moving average is $11.33. The company has a market capitalization of $179.92 million, a P/E ratio of -80.89, a PEG ratio of 1.39 and a beta of 0.59.
Hedge Funds Weigh In On Mastech Digital
Institutional investors and hedge funds have recently bought and sold shares of the stock. Truvestments Capital LLC acquired a new stake in shares of Mastech Digital during the 3rd quarter valued at about $29,000. Barclays PLC boosted its position in Mastech Digital by 86.9% in the third quarter. Barclays PLC now owns 6,544 shares of the company's stock valued at $65,000 after buying an additional 3,042 shares in the last quarter. Virtu Financial LLC acquired a new stake in Mastech Digital during the 3rd quarter valued at $101,000. HighTower Advisors LLC raised its position in Mastech Digital by 19.5% in the 3rd quarter. HighTower Advisors LLC now owns 41,815 shares of the company's stock valued at $417,000 after purchasing an additional 6,809 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Mastech Digital by 15.9% during the 3rd quarter. Geode Capital Management LLC now owns 47,753 shares of the company's stock worth $478,000 after buying an additional 6,544 shares in the last quarter. Institutional investors own 18.43% of the company's stock.
Mastech Digital Company Profile
(
Get Free Report)
Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates through Data and Analytics Services and IT Staffing Services segments. It 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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