Mastech Digital Inc (NYSEAMERICAN: MHH) stock closed at $9.81 on 11/9/23 after a major increase of 11.6%. Relative to the market the stock has been weak over the last nine months but has risen 4.5% during the last week.
Current PriceTarget Research Rating
MHH is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Mastech Digital has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Mastech Digital has a neutral Appreciation Score of 56 but a very low Power Rating of 14, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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