Mastech Digital, Inc. (NYSE:MHH) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its position in Mastech Digital, Inc. (NYSE:MHH) by 19.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 41,815 shares of the company’s stock after purchasing an additional 6,809 shares during the period. HighTower Advisors LLC owned about 0.36% of Mastech Digital worth $417,000 at the end of the most recent reporting period.

Separately, Truvestments Capital LLC acquired a new stake in Mastech Digital in the 3rd quarter valued at about $29,000. 18.43% of the stock is currently owned by hedge funds and other institutional investors.

Mastech Digital Stock Up 1.4 %

MHH opened at $14.70 on Friday. The business’s fifty day simple moving average is $14.60 and its 200 day simple moving average is $11.81. Mastech Digital, Inc. has a 52 week low of $7.15 and a 52 week high of $16.00. The firm has a market cap of $172.08 million, a P/E ratio of -77.37, a PEG ratio of 1.42 and a beta of 0.59.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Mastech Digital from a “strong-buy” rating to a “buy” rating in a report on Wednesday.

About Mastech Digital

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.