StockNews.com started coverage on shares of Mastech Digital (NYSE:MHH – Free Report) in a research note issued to investors on Friday. The firm issued a buy rating on the stock.
Mastech Digital Price Performance
Shares of NYSE:MHH opened at $9.82 on Friday. The company’s fifty day moving average price is $9.94 and its 200-day moving average price is $9.47. The firm has a market capitalization of $114.25 million, a price-to-earnings ratio of -15.11, a PEG ratio of 1.35 and a beta of 0.47. Mastech Digital has a one year low of $7.15 and a one year high of $10.90.
Mastech Digital (NYSE:MHH – Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.11. Mastech Digital had a positive return on equity of 4.53% and a negative net margin of 2.10%. The business had revenue of $49.53 million for the quarter, compared to analysts’ expectations of $48.10 million. As a group, equities research analysts expect that Mastech Digital will post 0.39 EPS for the current year.
Institutional Trading of Mastech Digital
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.
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