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

DHI Group (NYSE:DHX)‘s stock had its “outperform” rating restated by equities researchers at Barrington Research in a report issued on Monday,Benzinga reports. They presently have a $7.00 price objective on the technology company’s stock. Barrington Research’s price target suggests a potential upside of 286.74% from the company’s current price.

Separately, StockNews.com lowered shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 16th.

DHI Group Stock Performance

Shares of DHI Group stock traded down $0.02 during trading on Monday, hitting $1.81. 50,296 shares of the stock were exchanged, compared to its average volume of 208,938. The stock has a market capitalization of $87.60 million, a price-to-earnings ratio of 30.26 and a beta of 1.04. The company has a fifty day moving average price of $1.73 and a 200-day moving average price of $2.00. DHI Group has a 1-year low of $1.45 and a 1-year high of $2.98. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DHX. Point72 DIFC Ltd acquired a new position in shares of DHI Group during the 2nd quarter worth approximately $30,000. Cubist Systematic Strategies LLC bought a new stake in shares of DHI Group during the 2nd quarter worth approximately $35,000. Virtu Financial LLC bought a new stake in shares of DHI Group during the 1st quarter worth approximately $39,000. Allspring Global Investments Holdings LLC bought a new stake in shares of DHI Group during the 2nd quarter worth approximately $41,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of DHI Group during the 1st quarter worth approximately $45,000. Institutional investors and hedge funds 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.