DLH (NASDAQ:DLHC) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

DLH Holdings Corp. (NASDAQ:DLHC) shares crossed 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 trading hands.

Analyst Upgrades and Downgrades

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

DLH Price Performance

The company has a debt-to-equity ratio of 1.21, a current ratio of 1.04 and a quick ratio of 1.04. The company’s 50 day moving average is $5.90 and its 200 day moving average is $7.63. The stock has a market cap of $64.16 million, a price-to-earnings ratio of 10.14 and a beta of 1.40.

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

Institutional Trading of DLH

Several large investors have recently bought and sold shares of DLHC. Bank of America Corp DE raised its stake in shares of DLH by 31.9% during the 4th quarter. Bank of America Corp DE now owns 7,679 shares of the business services provider’s stock worth $62,000 after buying an additional 1,855 shares during the last quarter. Barclays PLC raised its position in DLH by 299.3% during the third quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock worth $109,000 after acquiring an additional 8,782 shares during the last quarter. Wealthedge Investment Advisors LLC purchased a new stake in shares of DLH in the fourth quarter valued at about $114,000. BNP Paribas Financial Markets grew its position in shares of DLH by 654.8% in the third quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider’s stock valued at $139,000 after purchasing an additional 12,906 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of DLH by 643.6% during the 4th quarter. JPMorgan Chase & Co. now owns 27,386 shares of the business services provider’s stock worth $220,000 after purchasing an additional 23,703 shares in the last quarter. Institutional investors and hedge funds 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).