Mastech Digital (NYSE:MHH) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Mastech Digital (NYSE:MHHGet Rating) in a research report released on Saturday. The firm issued a buy rating on the stock.

Mastech Digital Price Performance

MHH opened at $15.84 on Friday. The business’s 50-day moving average is $15.23 and its two-hundred day moving average is $17.04. Mastech Digital has a 1 year low of $12.72 and a 1 year high of $21.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.23 and a quick ratio of 2.23. The firm has a market capitalization of $183.90 million, a PE ratio of 16.00, a price-to-earnings-growth ratio of 0.68 and a beta of 0.54.

Mastech Digital (NYSE:MHHGet Rating) last posted its earnings results on Wednesday, August 3rd. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.06). Mastech Digital had a net margin of 5.01% and a return on equity of 18.24%. The company had revenue of $62.12 million during the quarter, compared to analysts’ expectations of $61.28 million. Research analysts anticipate that Mastech Digital will post 1.17 earnings per share for the current fiscal year.

Mastech Digital Company Profile

(Get Rating)

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. It operates through two segments, Data and Analytics Services, and IT Staffing Services. The company 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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