DHI Group Inc. (DHX) Breaks into New 52-Week High on February 26 Session

Equities Staff  |

Shares of DHI Group Inc. (DHX) broke into a new 52-week high yesterday, hitting a peak of $3.54. Shares closed at $3.22 after opening at $3.31 for a move of 0%. The company now has a market cap of $171.28 million.

Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out before an impending period of decline.

For DHI Group Inc., the new 52-week high came on volume of 577,326. The stock has a float of 53.19 million shares and average daily volume of $121,586. It has a 50-day SMA of $2.00 and a 200-day SMA of $2.03.

DHI Group Inc. now has a P/E ratio of 22.4.

For a complete fundamental analysis analysis of DHI Group Inc., check out Equities.com’s Stock Valuation Analysis report for DHX.

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DHI Group Inc is an employment services firm specializing in narrowly focused Internet job boards. Mainly through its Dice.com and eFinancialCareers.com, the firm had about 4 million visitors and nearly 97,000 job postings for which it earned a fee at the beginning of 2010. With a majority of its revenue coming from the technology and financial industries, Dice has looked to expand its reach into the government and healthcare sectors. The company has a presence in the United States, United Kingdom, EMEA, APAC and Canada of which it generates maximum revenue from the United States.

DHI Group Inc. is based out of New York, NY and has some 484 employees. Its CEO is Art Zeile.

DHI Group Inc. is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.

What's more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow Jones Industrial Average or S&P 500.

To get more information on DHI Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: DHX’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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