Shares of Mastech Digital, Inc. (NYSEAMERICAN:MHH) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $18.14. Mastech Digital shares last traded at $17.85, with a volume of 30,839 shares trading hands.

The business’s 50-day moving average price is $17.34. The company has a market capitalization of $201.19 million, a P/E ratio of 20.36, a P/E/G ratio of 0.56 and a beta of 0.63. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.07.

Mastech Digital (NYSEAMERICAN:MHH) last issued its quarterly earnings results on Tuesday, February 9th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.03). The business had revenue of $48.71 million during the quarter, compared to analyst estimates of $51.14 million. Mastech Digital had a return on equity of 22.53% and a net margin of 5.16%. As a group, equities analysts anticipate that Mastech Digital, Inc. will post 1.09 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Truvestments Capital LLC acquired a new stake in Mastech Digital in the fourth quarter worth about $138,000. JPMorgan Chase & Co. raised its stake in shares of Mastech Digital by 361.2% in the fourth quarter. JPMorgan Chase & Co. now owns 10,686 shares of the company’s stock worth $170,000 after purchasing an additional 8,369 shares during the last quarter. Seizert Capital Partners LLC purchased a new position in shares of Mastech Digital in the fourth quarter worth about $295,000. Wells Fargo & Company MN raised its stake in shares of Mastech Digital by 168.6% in the third quarter. Wells Fargo & Company MN now owns 19,256 shares of the company’s stock worth $346,000 after purchasing an additional 12,086 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Mastech Digital by 10.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 21,282 shares of the company’s stock worth $338,000 after purchasing an additional 1,968 shares during the last quarter. 16.69% of the stock is owned by institutional investors and hedge funds.

About Mastech Digital (NYSEAMERICAN:MHH)

Mastech Digital, Inc 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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