Notable negative changes in Mastech Digital Inc (NYSEAMERICAN: MHH) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent extremely meaningful negative changes in investment behavior have impacted Mastech Digital Inc (NYSEAMERICAN: MHH): negative upside/downside volume developed, and the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution 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 F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Mastech Digital has a neutral Appreciation Score of 44 but a very low Power Rating of 14, leading to the Lowest Value Trend Rating.
Recent Price Action
Mastech Digital Inc (NYSEAMERICAN: MHH) stock suffered a large decline of -5.9% on 6/7/24. The stock closed at $7.53. Moreover, this decline was accompanied by exceptionally high trading volume at 265% of normal. The stock has been weak relative to the market over the last nine months and has declined -6.1% during the last week.
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