DLH (NASDAQ:DLHC) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of DLH Holdings Corp. (NASDAQ:DLHC) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.67 and traded as low as $4.55. DLH shares last traded at $4.56, with a volume of 35,006 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded DLH from a “buy” rating to a “hold” rating in a report on Friday, February 7th.

DLH Stock Down 3.6 %

The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.04 and a current ratio of 1.04. The firm’s fifty day simple moving average is $6.04 and its 200 day simple moving average is $7.67. The stock has a market capitalization of $65.60 million, a price-to-earnings ratio of 10.36 and a beta of 1.40.

DLH (NASDAQ:DLHC) last issued its quarterly earnings data on Wednesday, February 5th. The business services provider reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. DLH had a net margin of 1.64% and a return on equity of 5.82%. On average, sell-side analysts forecast that DLH Holdings Corp. will post -0.13 earnings per share for the current year.

Institutional Trading of DLH

A number of institutional investors have recently modified their holdings of the company. State Street Corp raised its position in DLH by 3.9% in the 3rd quarter. State Street Corp now owns 111,447 shares of the business services provider’s stock valued at $1,043,000 after buying an additional 4,165 shares during the last quarter. Barclays PLC raised its holdings in shares of DLH by 299.3% in the third quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock valued at $109,000 after purchasing an additional 8,782 shares during the last quarter. Minerva Advisors LLC lifted its position in shares of DLH by 33.2% in the fourth quarter. Minerva Advisors LLC now owns 847,592 shares of the business services provider’s stock worth $6,806,000 after purchasing an additional 211,215 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in DLH by 654.8% during the third quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider’s stock worth $139,000 after purchasing an additional 12,906 shares during the last quarter. Finally, Albert D Mason Inc. grew its position in DLH by 10.7% in the fourth quarter. Albert D Mason Inc. now owns 103,575 shares of the business services provider’s stock valued at $832,000 after purchasing an additional 10,016 shares in the last quarter. 67.25% of the stock is currently owned by institutional investors.

About DLH

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).