2,938 Shares in Mastech Digital, Inc. (NYSE:MHH) Purchased by Truvestments Capital LLC

Truvestments Capital LLC bought a new stake in Mastech Digital, Inc. (NYSE:MHH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,938 shares of the company’s stock, valued at approximately $29,000.

Separately, Dimensional Fund Advisors LP raised its holdings in shares of Mastech Digital by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 227,350 shares of the company’s stock valued at $1,705,000 after purchasing an additional 5,236 shares during the last quarter. Institutional investors own 18.43% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Mastech Digital from a “strong-buy” rating to a “buy” rating in a research report on Monday.

Mastech Digital Stock Performance

MHH opened at $14.91 on Friday. The business’s 50-day simple moving average is $12.22 and its 200 day simple moving average is $10.69. Mastech Digital, Inc. has a 52-week low of $7.15 and a 52-week high of $15.88. The firm has a market capitalization of $174.60 million, a PE ratio of -78.47, a PEG ratio of 1.33 and a beta of 0.46.

Mastech Digital Company Profile

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.