DHI Group (NYSE:DHX) Shares Pass Above 200 Day Moving Average – Time to Sell?

DHI Group, Inc. (NYSE:DHX)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.85 and traded as high as $1.85. DHI Group shares last traded at $1.81, with a volume of 184,625 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts have commented on DHX shares. B. Riley decreased their price objective on DHI Group from $4.00 to $3.50 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. Barrington Research reiterated an “outperform” rating and issued a $7.00 price target on shares of DHI Group in a report on Thursday, November 21st.

DHI Group Trading Up 3.1 %

The business’s 50 day simple moving average is $1.77 and its 200-day simple moving average is $1.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.42 and a quick ratio of 0.42. The stock has a market capitalization of $87.24 million, a P/E ratio of 45.14 and a beta of 1.07.

Institutional Investors Weigh In On DHI Group

A number of institutional investors have recently made changes to their positions in DHX. Pacific Ridge Capital Partners LLC increased its holdings in DHI Group by 50.9% in the second quarter. Pacific Ridge Capital Partners LLC now owns 2,495,095 shares of the technology company’s stock valued at $5,215,000 after purchasing an additional 841,350 shares during the last quarter. Tieton Capital Management LLC grew its position in shares of DHI Group by 25.1% during the 2nd quarter. Tieton Capital Management LLC now owns 2,441,485 shares of the technology company’s stock worth $5,103,000 after buying an additional 490,035 shares during the period. First Eagle Investment Management LLC increased its stake in shares of DHI Group by 72.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 668,928 shares of the technology company’s stock valued at $1,398,000 after acquiring an additional 280,479 shares during the last quarter. CWC Advisors LLC. acquired a new stake in shares of DHI Group in the 3rd quarter valued at approximately $327,000. Finally, Royce & Associates LP boosted its stake in DHI Group by 5.5% during the 3rd quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock worth $6,181,000 after acquiring an additional 174,010 shares during the last quarter. 69.26% of the stock is owned by institutional investors and hedge funds.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.