StockNews.com assumed coverage on shares of Mastech Digital (NYSE:MHH – Free Report) in a research note issued to investors on Saturday. The brokerage issued a buy rating on the stock.
Mastech Digital Price Performance
Shares of NYSE MHH opened at $9.66 on Friday. The firm’s 50-day moving average is $9.90 and its two-hundred day moving average is $9.55. The company has a market capitalization of $112.83 million, a PE ratio of -28.41, a price-to-earnings-growth ratio of 1.27 and a beta of 0.47. Mastech Digital has a 12-month low of $7.15 and a 12-month high of $10.90.
Mastech Digital (NYSE:MHH – Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.11. The business had revenue of $49.53 million for the quarter, compared to analyst estimates of $48.10 million. Mastech Digital had a positive return on equity of 4.53% and a negative net margin of 2.10%. On average, analysts forecast that Mastech Digital will post 0.39 EPS for the current fiscal year.
Institutional Investors Weigh In On 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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