The stock of DLH Holdings Corp. (NASDAQ:DLHC) hit a new 52-week high and has $7.29 target or 8.00% above today’s $6.75 share price. The 8 months bullish chart indicates low risk for the $64.94 million company. The 1-year high was reported on Dec, 1 by Barchart.com. If the $7.29 price target is reached, the company will be worth $5.20 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 52,339 shares traded hands or 341.01% up from the average. DLH Holdings Corp. (NASDAQ:DLHC) has risen 56.78% since April 28, 2016 and is uptrending. It has outperformed by 50.86% the S&P500.
Analysts await DLH Holdings Corp. (NASDAQ:DLHC) to report earnings on December, 8 before the open.
According to Zacks Investment Research, “DLH Holdings Corp. serves clients throughout the United States as a full-service provider of healthcare, logistics, and technical support services to DoD and Federal agencies. Its healthcare delivery solutions include professional services, such as case management, health and injury assessment, critical care, medical/surgical, emergency room/trauma center, counseling, behavioral health and trauma brain injury, medical systems analysis, and medical logistics, and allied support services in the areas of MRI technology, diagnostic sonography, phlebotomy, dosimetry, physical therapy, and pharmaceuticals. The company’s logistics and technical services include program and project management, systems engineering and applicable information technology services, integrated logistics support, training, equipment and non-tactical vehicle operations and maintenance, and facilities and shipyard support services. DLH Holdings Corp., formerly known as TeamStaff, Inc., is headquartered in Atlanta, Georgia.”
More recent DLH Holdings Corp. (NASDAQ:DLHC) news were published by: Streetinsider.com which released: “Form 424B3 DLH Holdings Corp.” on August 22, 2016. Also Globenewswire.com published the news titled: “DLH Sets Record Date and Subscription Price for Rights Offering” on August 09, 2016. Streetinsider.com‘s news article titled: “Form 8-K DLH Holdings Corp. For: Aug 10” with publication date: August 10, 2016 was also an interesting one.
DLHC Company Profile
DLH Holdings Corp. (DLH), incorporated in 1969, provides professional services and solutions to the United States Government. The Firm is focused on government services both as a contractor, as well as a partner with other government contractors. The Firm principally operates through its subsidiary, DLH Solutions, Inc. (DLH Solutions). DLH provides services and solutions in two market areas: Healthcare Delivery Solutions (HDS), and Logistics & Technical Services. The Company’s services are provided to government agencies, including the Department of Veteran Affairs (DVA), the Department of Defense and other government clients.
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