Mastech Digital Inc (NYSEAMERICAN: MHH) has benefited from significant positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Extremely important positive changes in investment behavior have recently occurred for Mastech Digital Inc (NYSEAMERICAN: MHH): the stock rose on very heavy volume, and its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
MHH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Mastech Digital has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mastech Digital has a slightly negative Appreciation Score of 35 but a good Power Rating of 81, leading to the Neutral Value Trend Rating.
Recent Price Action
Mastech Digital Inc (NYSEAMERICAN: MHH) stock closed at $11.12 on 11/8/24 after a large increase of 2.3%. Moreover, exceptionally high trading volume at 200% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 14.2% during the last week.
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