DHI Group Inc (NYSE:DHX) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $1.60 and last traded at $1.70, with a volume of 202600 shares. The stock had previously closed at $1.70.

Several research analysts have recently issued reports on DHX shares. Zacks Investment Research cut DHI Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. ValuEngine downgraded DHI Group from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, B. Riley reissued a “hold” rating and issued a $3.00 target price on shares of DHI Group in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. DHI Group currently has a consensus rating of “Hold” and a consensus target price of $6.25.

The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.60 and a current ratio of 0.60. The firm has a market cap of $80.39, a P/E ratio of 6.15 and a beta of 0.90.

Institutional investors and hedge funds have recently bought and sold shares of the business. Metropolitan Life Insurance Co. NY raised its stake in DHI Group by 14.6% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 33,113 shares of the technology company’s stock valued at $131,000 after acquiring an additional 4,225 shares during the last quarter. Texas Permanent School Fund raised its stake in shares of DHI Group by 2.8% during the 2nd quarter. Texas Permanent School Fund now owns 36,933 shares of the technology company’s stock worth $105,000 after buying an additional 1,006 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of DHI Group by 148.1% during the 2nd quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock worth $109,000 after buying an additional 22,860 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of DHI Group during the 2nd quarter worth approximately $112,000. Finally, Denver Investment Advisors LLC raised its stake in shares of DHI Group by 71.3% during the 2nd quarter. Denver Investment Advisors LLC now owns 39,500 shares of the technology company’s stock worth $113,000 after buying an additional 16,441 shares in the last quarter. 81.45% of the stock is owned by hedge funds and other institutional investors.

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DHI Group Company Profile

DHI Group, Inc provides data, insights and employment connections through specialized services for professional communities, including technology and security clearance, financial services, energy, healthcare and hospitality. The Company’s segments are Tech & Clearance, which includes Dice, Dice Europe and ClearanceJobs; Global Industry Group, which includes eFinancialCareers, Rigzone, Hcareers and BioSpace; Healthcare, which includes Health eCareers, and Corporate & Other, which includes Slashdot Media and Brightmatter.

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