Today’s Stock On Watch: Can DHI Group Inc’s Tomorrow be Different? The Stock Just Broke Its 1 Year Low

Today's Stock On Watch: Can DHI Group Inc's Tomorrow be Different? The Stock Just Broke Its 1 Year Low

The stock of DHI Group Inc (NYSE:DHX) hit a new 52-week low and has $4.81 target or 12.00% below today’s $5.47 share price. The 6 months bearish chart indicates high risk for the $292.17 million company. The 1-year low was reported on Nov, 1 by Barchart.com. If the $4.81 price target is reached, the company will be worth $35.06 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 222,317 shares traded hands. DHI Group Inc (NYSE:DHX) has declined 28.93% since March 30, 2016 and is downtrending. It has underperformed by 31.94% the S&P500.

DHI Group Inc (NYSE:DHX) Ratings Coverage

Out of 2 analysts covering Dice Holdings (NYSE:DHX), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Dice Holdings has been the topic of 4 analyst reports since August 31, 2015 according to StockzIntelligence Inc. On Monday, September 7 the stock rating was downgraded by Zacks to “Sell”. The stock of DHI Group Inc (NYSE:DHX) has “Sell” rating given on Monday, August 31 by Zacks. The firm has “Mkt Outperform” rating by Avondale given on Wednesday, December 2.

According to Zacks Investment Research, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York.”

More notable recent DHI Group Inc (NYSE:DHX) news were published by: Prnewswire.com which released: “DHI Group, Inc. Announces Timing of Third Quarter 2016 Results and Preliminary …” on October 17, 2016, also Prnewswire.com with their article: “DHI Group, Inc. Announces the Sale of Slashdot Media” published on January 28, 2016, Prnewswire.com published: “DHI Group, Inc. and Barington Group Reach Agreement” on February 26, 2016. More interesting news about DHI Group Inc (NYSE:DHX) were released by: Prnewswire.com and their article: “Dice Holdings, Inc. Changes Its Name to DHI Group, Inc.” published on April 21, 2015 as well as Prnewswire.com‘s news article titled: “DHI Group, Inc. Reports First Quarter 2015 Results” with publication date: April 29, 2015.

DHX Company Profile

DHI Group, Inc., formerly Dice Holdings, Inc., incorporated on June 28, 2005, is a well-known provider of specialized Websites focused on select professional communities. The Company’s divisions include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. The Company’s online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content. The Firm operates career management services for technology, engineering, financial services, healthcare, hospitality and security-cleared professionals, as well as career management, and information and data services for the energy industry.

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