DLH (NASDAQ:DLHC) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

DLH Holdings Corp. (NASDAQ:DLHC)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.23 and traded as low as $8.00. DLH shares last traded at $8.25, with a volume of 86,156 shares changing hands.

DLH Stock Down 2.6 %

The firm’s fifty day moving average is $9.03 and its 200-day moving average is $10.23. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $116.99 million, a P/E ratio of 48.53 and a beta of 1.16.

Institutional Trading of DLH

Several large investors have recently made changes to their positions in DLHC. Albert D Mason Inc. lifted its position in DLH by 1.5% during the 3rd quarter. Albert D Mason Inc. now owns 93,559 shares of the business services provider’s stock worth $876,000 after buying an additional 1,403 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of DLH by 0.7% during the first quarter. Vanguard Group Inc. now owns 507,623 shares of the business services provider’s stock valued at $6,736,000 after purchasing an additional 3,627 shares during the last quarter. State Street Corp increased its holdings in shares of DLH by 3.9% in the third quarter. State Street Corp now owns 111,447 shares of the business services provider’s stock valued at $1,043,000 after purchasing an additional 4,165 shares in the last quarter. Rhumbline Advisers bought a new position in DLH in the 2nd quarter worth approximately $90,000. Finally, Barclays PLC lifted its holdings in DLH by 299.3% during the 3rd quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock worth $109,000 after buying an additional 8,782 shares in the last quarter. Institutional investors own 67.25% of the company’s stock.

About DLH

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).