StockNews.com initiated coverage on shares of Mastech Digital (NYSEAMERICAN:MHH – Free Report) in a research report released on Saturday morning. The firm issued a buy rating on the stock.
Mastech Digital Trading Up 3.2 %
NYSEAMERICAN MHH traded up $0.26 during trading hours on Friday, reaching $8.36. The company’s stock had a trading volume of 5,248 shares, compared to its average volume of 4,424. The stock has a market capitalization of $97.14 million, a price-to-earnings ratio of 33.44, a PEG ratio of 0.81 and a beta of 0.53. Mastech Digital has a 1-year low of $7.50 and a 1-year high of $11.45.
Mastech Digital (NYSEAMERICAN:MHH – Get Free Report) last announced its earnings results on Wednesday, February 7th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.04. Mastech Digital had a positive return on equity of 3.45% and a negative net margin of 3.55%. The business had revenue of $46.05 million during the quarter, compared to the consensus estimate of $46.38 million. Equities analysts predict that Mastech Digital will post 0.51 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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