Barrington Research Reaffirms “Outperform” Rating for DHI Group (NYSE:DHX)

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

DHX has been the subject of a number of other research reports. B. Riley decreased their target price on DHI Group from $4.00 to $3.50 and set a “buy” rating for the company in a research report on Wednesday, November 13th. StockNews.com cut shares of DHI Group from a “strong-buy” rating to a “buy” rating in a report on Friday, August 16th.

DHI Group Stock Down 0.6 %

DHI Group stock opened at $1.74 on Thursday. DHI Group has a 12 month low of $1.45 and a 12 month high of $2.98. The stock has a fifty day simple moving average of $1.74 and a two-hundred day simple moving average of $1.95. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.29. The firm has a market cap of $84.09 million, a price-to-earnings ratio of 43.51 and a beta of 1.04.

Institutional Investors Weigh In On DHI Group

A number of large investors have recently made changes to their positions in DHX. Point72 DIFC Ltd purchased a new position in shares of DHI Group in the second quarter worth approximately $30,000. Cubist Systematic Strategies LLC bought a new stake in shares of DHI Group during the 2nd quarter valued at $35,000. Virtu Financial LLC purchased a new stake in shares of DHI Group in the 1st quarter worth $39,000. Allspring Global Investments Holdings LLC bought a new position in DHI Group in the 2nd quarter worth $41,000. Finally, Allworth Financial LP purchased a new position in DHI Group during the third quarter valued at $49,000. 69.26% of the stock is currently owned by institutional investors.

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.