DLH (NASDAQ:DLHC) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

DLH Holdings Corp. (NASDAQ:DLHC) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.92 and traded as low as $8.67. DLH shares last traded at $8.73, with a volume of 42,166 shares changing hands.

DLH Stock Down 0.5 %

The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $124.25 million, a PE ratio of 41.57 and a beta of 1.14. The business’s 50-day moving average price is $10.08 and its 200-day moving average price is $10.92.

DLH (NASDAQ:DLHC) last released its earnings results on Wednesday, July 31st. The business services provider reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). DLH had a return on equity of 7.03% and a net margin of 0.62%. The company had revenue of $100.69 million during the quarter, compared to analysts’ expectations of $103.00 million. During the same quarter in the previous year, the company earned $0.12 EPS. As a group, equities research analysts predict that DLH Holdings Corp. will post 0.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Wasatch Advisors LP grew its stake in shares of DLH by 9.6% in the 4th quarter. Wasatch Advisors LP now owns 548,217 shares of the business services provider’s stock valued at $8,634,000 after buying an additional 47,866 shares in the last quarter. Essex Investment Management Co. LLC grew its position in DLH by 1.4% in the first quarter. Essex Investment Management Co. LLC now owns 98,622 shares of the business services provider’s stock worth $1,309,000 after acquiring an additional 1,364 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of DLH by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 507,623 shares of the business services provider’s stock worth $6,736,000 after purchasing an additional 3,627 shares during the last quarter. Hillsdale Investment Management Inc. bought a new position in shares of DLH during the 1st quarter valued at $169,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of DLH in the 1st quarter valued at $328,000. Hedge funds and other institutional investors own 67.25% of the company’s stock.

DLH Company Profile

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).