Shares of DLH Holdings Corp. (NASDAQ:DLHC - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.43 and traded as low as $8.08. DLH shares last traded at $8.17, with a volume of 51,099 shares trading hands.
DLH Stock Down 0.9 %
The stock has a market capitalization of $115.29 million, a P/E ratio of 38.57 and a beta of 1.14. The company's 50-day moving average price is $9.53 and its 200 day moving average price is $10.43. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.05 and a current ratio of 1.05.
DLH (NASDAQ:DLHC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The business services provider reported $0.08 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.06). The firm had revenue of $100.69 million for the quarter, compared to the consensus estimate of $103.00 million. DLH had a net margin of 0.62% and a return on equity of 7.03%. During the same quarter in the previous year, the business earned $0.12 earnings per share. As a group, equities analysts expect that DLH Holdings Corp. will post 0.46 earnings per share for the current year.
Institutional Trading of DLH
A number of institutional investors and hedge funds have recently bought and sold shares of DLHC. Rhumbline Advisers bought a new stake in DLH in the 2nd quarter valued at $90,000. Hillsdale Investment Management Inc. purchased a new position in shares of DLH in the 1st quarter worth $169,000. Quadrature Capital Ltd purchased a new position in shares of DLH in the 1st quarter worth $328,000. Squarepoint Ops LLC purchased a new position in shares of DLH in the 2nd quarter worth $367,000. Finally, Bank of New York Mellon Corp grew its stake in shares of DLH by 160.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider's stock worth $393,000 after buying an additional 22,928 shares in the last quarter. 67.25% of the stock is currently owned by institutional investors.
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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