Truvestments Capital LLC Acquires New Holdings in Mastech Digital, Inc. (NYSE:MHH)

Truvestments Capital LLC bought a new position in shares of Mastech Digital, Inc. (NYSE:MHH) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,938 shares of the company’s stock, valued at approximately $29,000.

Separately, Dimensional Fund Advisors LP boosted its holdings in shares of Mastech Digital by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 227,350 shares of the company’s stock valued at $1,705,000 after acquiring an additional 5,236 shares in the last quarter. 18.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Mastech Digital from a “strong-buy” rating to a “buy” rating in a report on Monday.

Mastech Digital Price Performance

Mastech Digital stock opened at $14.91 on Friday. The business has a 50 day moving average of $12.22 and a 200-day moving average of $10.69. Mastech Digital, Inc. has a 1 year low of $7.15 and a 1 year high of $15.88. The company has a market capitalization of $174.60 million, a P/E ratio of -78.47, a P/E/G ratio of 1.33 and a beta of 0.46.

About Mastech Digital

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates through Data and Analytics Services and IT Staffing Services segments. It offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources.