DHI Group’s (DHX) Outperform Rating Reaffirmed at Barrington Research

DHI Group (NYSE:DHX)‘s stock had its “outperform” rating reaffirmed by equities researchers at Barrington Research in a report released on Thursday,Benzinga reports. They currently have a $7.00 price objective on the technology company’s stock. Barrington Research’s price target suggests a potential upside of 302.30% from the company’s previous close.

A number of other brokerages also recently issued reports on DHX. StockNews.com downgraded shares of DHI Group from a “strong-buy” rating to a “buy” rating in a report on Friday, August 16th. B. Riley decreased their target price 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.

DHI Group Trading Down 0.6 %

Shares of DHX opened at $1.74 on Thursday. DHI Group has a 1 year low of $1.45 and a 1 year high of $2.98. The company has a 50 day simple moving average of $1.74 and a two-hundred day simple moving average of $1.95. 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 firm has a market cap of $84.09 million, a P/E ratio of 43.51 and a beta of 1.04.

Hedge Funds Weigh In On DHI Group

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

DHI Group Company Profile

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.