Mastech Digital (NYSEAMERICAN:MHH) Issues Quarterly Earnings Results
Mastech Digital (NYSEAMERICAN:MHH) released its earnings results on Wednesday. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.15, MarketWatch Earnings reports.
Shares of MHH traded up $0.25 during midday trading on Thursday, hitting $24.16. 910 shares of the stock traded hands, compared to its average volume of 70,776. Mastech Digital has a 1-year low of $5.29 and a 1-year high of $29.98.
In related news, CEO Vivek Gupta sold 4,326 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $16.55, for a total value of $71,595.30. Following the completion of the sale, the chief executive officer now owns 4,326 shares of the company’s stock, valued at $71,595.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO John J. Cronin sold 5,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $19.96, for a total transaction of $99,800.00. Following the completion of the sale, the chief financial officer now directly owns 5,000 shares of the company’s stock, valued at approximately $99,800. The disclosure for this sale can be found here. In the last three months, insiders have sold 86,685 shares of company stock valued at $1,683,375.
Mastech Digital, Inc provides digital transformation IT services to large, medium-sized organizations, 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.
Receive News & Ratings for Mastech Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastech Digital and related companies with MarketBeat.com's FREE daily email newsletter.