Mastech Digital Inc (MHH) Issues Quarterly Earnings Results
Mastech Digital Inc (NYSE:MHH) posted its quarterly earnings data on Wednesday. The company reported $0.21 earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $35.09 million for the quarter. Mastech Digital had a net margin of 0.61% and a return on equity of 4.19%.
Mastech Digital (NYSE MHH) traded down 6.83% during trading on Thursday, reaching $9.41. 45,649 shares of the company’s stock traded hands. The stock has a market cap of $42.33 million and a P/E ratio of 15.82. The firm’s 50 day moving average price is $7.08 and its 200-day moving average price is $6.85. Mastech Digital has a one year low of $5.81 and a one year high of $10.10.
In other news, Director Sunil Wadhwani acquired 428,572 shares of the company’s stock in a transaction on Thursday, July 13th. The shares were bought at an average cost of $7.00 per share, with a total value of $3,000,004.00. Following the purchase, the director now owns 1,080,086 shares of the company’s stock, valued at approximately $7,560,602. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Mastech Digital Company Profile
Mastech Digital, Inc, formerly Mastech Holdings, Inc, is an information technology (IT) staffing and digital transformation services company. The Company offers Social, Mobility, Analytics and Cloud (SMAC), Automation and Internet of Things (IoT) technologies. It is engaged in providing IT associates in digital and mainstream technologies, digital transformation services around Salesforce.com and SAP HANA, as well as digital learning services.
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