DLH Holdings Corp (NASDAQ:DLHC) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.45 and traded as high as $4.22. DLH shares last traded at $4.22, with a volume of 100 shares trading hands.

A number of brokerages have recently commented on DLHC. ValuEngine cut DLH from a “sell” rating to a “strong sell” rating in a research report on Wednesday, September 4th. Zacks Investment Research raised DLH from a “sell” rating to a “hold” rating in a research report on Wednesday.

The business has a fifty day moving average of $4.43 and a 200-day moving average of $5.41. The firm has a market cap of $51.76 million, a PE ratio of 10.50 and a beta of 1.03. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.43.

DLH (NASDAQ:DLHC) last issued its quarterly earnings data on Monday, August 5th. The business services provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $38.70 million for the quarter, compared to analysts’ expectations of $35.80 million. DLH had a return on equity of 15.30% and a net margin of 3.98%. On average, equities analysts forecast that DLH Holdings Corp will post 0.42 EPS for the current year.

In related news, major shareholder Wynnefield Partners Small Cap acquired 10,000 shares of the company’s stock in a transaction that occurred on Saturday, August 10th. The shares were acquired at an average price of $4.25 per share, with a total value of $42,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 22.30% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. River & Mercantile Asset Management LLP bought a new position in DLH in the 2nd quarter worth about $599,000. Punch & Associates Investment Management Inc. increased its stake in DLH by 19.1% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 528,690 shares of the business services provider’s stock worth $3,384,000 after acquiring an additional 84,790 shares during the last quarter. Renaissance Technologies LLC increased its stake in DLH by 22.7% in the 2nd quarter. Renaissance Technologies LLC now owns 337,680 shares of the business services provider’s stock worth $1,715,000 after acquiring an additional 62,441 shares during the last quarter. Municipal Employees Retirement System of Michigan bought a new position in DLH in the 2nd quarter worth about $312,000. Finally, Bailard Inc. bought a new position in DLH in the 2nd quarter worth about $165,000. 59.34% of the stock is currently owned by institutional investors and hedge funds.

DLH Company Profile (NASDAQ:DLHC)

DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans' health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.

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