DHI Group Inc (NYSE: DHX)’s stock price has gone decline by -5.68 in comparison to its previous close of 2.64, however, the company has experienced a -4.23% decrease in its stock price over the last five trading days. InvestorPlace reported 2024-03-28 that “A rising tide lifts all ships.” It’s a simple yet stark reminder of investors’ tendency to overestimate the market’s value when things look green.
Is It Worth Investing in DHI Group Inc (NYSE: DHX) Right Now?
DHI Group Inc (NYSE: DHX) has a price-to-earnings ratio that is above its average at 31.84x. The stock has a 36-month beta value of 0.95. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for DHX is 39.16M, and at present, short sellers hold a 2.70% of that float. On April 05, 2024, the average trading volume of DHX was 208.11K shares.
DHX’s Market Performance
DHX’s stock has seen a -4.23% decrease for the week, with a -1.19% drop in the past month and a -2.73% fall in the past quarter. The volatility ratio for the week is 6.31%, and the volatility levels for the past 30 days are at 6.34% for DHI Group Inc The simple moving average for the past 20 days is -4.30% for DHX’s stock, with a -15.05% simple moving average for the past 200 days.
Analysts’ Opinion of DHX
Many brokerage firms have already submitted their reports for DHX stocks, with Barrington Research repeating the rating for DHX by listing it as a “Outperform.” The predicted price for DHX in the upcoming period, according to Barrington Research is $12 based on the research report published on October 04, 2022 of the previous year 2022.
Lake Street, on the other hand, stated in their research note that they expect to see DHX reach a price target of $10. The rating they have provided for DHX stocks is “Buy” according to the report published on November 30th, 2021.
B. Riley Securities gave a rating of “Buy” to DHX, setting the target price at $5 in the report published on July 22nd of the previous year.
DHX Trading at -1.98% from the 50-Day Moving Average
After a stumble in the market that brought DHX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.00% of loss for the given period.
Volatility was left at 6.34%, however, over the last 30 days, the volatility rate increased by 6.31%, as shares sank -6.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.63% upper at present.
During the last 5 trading sessions, DHX fell by -4.23%, which changed the moving average for the period of 200-days by -38.06% in comparison to the 20-day moving average, which settled at $2.59. In addition, DHI Group Inc saw -3.86% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DHX starting from LESSER EVAN, who sale 1,500 shares at the price of $2.60 back on Apr 01 ’24. After this action, LESSER EVAN now owns 318,590 shares of DHI Group Inc, valued at $3,900 using the latest closing price.
LESSER EVAN, the President of ClearanceJobs of DHI Group Inc, sale 1,500 shares at $2.88 during a trade that took place back on Mar 01 ’24, which means that LESSER EVAN is holding 320,090 shares at $4,320 based on the most recent closing price.
Stock Fundamentals for DHX
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.87 for the gross margin
The net margin for DHI Group Inc stands at 0.02. The total capital return value is set at 0.04. Equity return is now at value 3.27, with 1.55 for asset returns.
Based on DHI Group Inc (DHX), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.46. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is 1.81.
Currently, EBITDA for the company is 26.12 million with net debt to EBITDA at 1.62. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 6.77for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
To sum up, DHI Group Inc (DHX) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
