Alert: Rating Upgrade (4/26/19)-Mastech Digital Inc (NYSEAMERICAN: MHH).


Stock Rating Upgrade

During the last several trading days the Value Trend Rating for Mastech Digital Inc (NYSEAMERICAN: MHH) rose significantly from F to C reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

Mastech Digital Inc (NYSEAMERICAN: MHH) stock closed at $6.10 on 4/26/19 after a modest gain of 0.6%. However, exceptionally low trading volume at 41% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months and has declined -0.7% during the last week.

Current PriceTarget Research Rating

MHH is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Mastech Digital has a current Value Trend Rating of C (Neutral). This VT Rating rose significantly in recent days from F previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mastech Digital has a good Appreciation Score of 82 but a poor Power Rating of 17, triggering the Neutral Value Trend Rating.

About John Lafferty 47332 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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