Mastech Digital (NYSE:MHH) Stock Price Down 0.5% – Time to Sell?

Mastech Digital, Inc. (NYSE:MHH)’s stock price fell 0.5% during trading on Friday . The stock traded as low as $6.21 and last traded at $6.21. 1,255 shares changed hands during trading, a decline of 93% from the average session volume of 17,028 shares. The stock had previously closed at $6.24.

Mastech Digital Stock Performance

The firm’s 50-day moving average price is $6.44 and its 200 day moving average price is $6.77. The company has a market cap of $74.51 million, a price-to-earnings ratio of 21.41, a PEG ratio of 0.79 and a beta of 0.93.

Institutional Investors Weigh In On Mastech Digital

A number of institutional investors have recently made changes to their positions in the stock. Capital Management Corp VA grew its stake in shares of Mastech Digital by 7.1% during the fourth quarter. Capital Management Corp VA now owns 862,329 shares of the company’s stock worth $6,019,000 after purchasing an additional 57,420 shares during the period. Vanguard Group Inc. grew its holdings in Mastech Digital by 2.0% during the third quarter. Vanguard Group Inc. now owns 170,125 shares of the company’s stock valued at $1,297,000 after purchasing an additional 3,357 shares during the period. Indivisible Partners acquired a new position in Mastech Digital during the fourth quarter valued at approximately $321,000. Advyzon Investment Management LLC grew its holdings in Mastech Digital by 90.4% during the fourth quarter. Advyzon Investment Management LLC now owns 42,037 shares of the company’s stock valued at $293,000 after purchasing an additional 19,956 shares during the period. Finally, Cetera Investment Advisers grew its holdings in Mastech Digital by 18.8% during the second quarter. Cetera Investment Advisers now owns 25,107 shares of the company’s stock valued at $180,000 after purchasing an additional 3,975 shares during the period. 18.43% of the stock is owned by institutional investors and hedge funds.

About Mastech Digital

Mastech Digital (NYSE: MHH) is a technology services and digital transformation company that provides end-to-end solutions to help organizations modernize their operations. Headquartered in Pittsburgh, Pennsylvania, the company offers a combination of IT staffing and project-based delivery, enabling clients to accelerate cloud adoption, data analytics initiatives, and digital product development. Its blended service model supports enterprises looking to scale technology teams and implement complex digital strategies.

The company’s service portfolio includes IT staffing and recruitment, digital transformation consulting, and specialized digital solutions such as data management, analytics, artificial intelligence, and robotic process automation.