StockNews.com initiated coverage on shares of Mastech Digital (NYSE:MHH – Free Report) in a report issued on Friday morning. The brokerage issued a buy rating on the stock.
Mastech Digital Trading Up 3.6 %
NYSE:MHH opened at $10.55 on Friday. The stock has a fifty day simple moving average of $9.93. The firm has a market capitalization of $122.74 million, a P/E ratio of -16.23, a price-to-earnings-growth ratio of 1.35 and a beta of 0.47. Mastech Digital has a 52 week low of $7.15 and a 52 week high of $10.90.
Mastech Digital (NYSE:MHH – Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.11. Mastech Digital had a negative net margin of 2.10% and a positive return on equity of 4.53%. The business had revenue of $49.53 million during the quarter, compared to analysts’ expectations of $48.10 million. As a group, research analysts expect that Mastech Digital will post 0.39 earnings per share for the current fiscal year.
Institutional Trading of 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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