Mastech Digital, Inc. (NYSE:MHH) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC raised its holdings in shares of Mastech Digital, Inc. (NYSE:MHH) by 19.5% during the third quarter, HoldingsChannel.com reports. The firm owned 41,815 shares of the company’s stock after buying an additional 6,809 shares during the period. HighTower Advisors LLC’s holdings in Mastech Digital were worth $417,000 as of its most recent SEC filing.

Separately, Truvestments Capital LLC acquired a new position in shares of Mastech Digital during the third quarter valued at about $29,000. Institutional investors and hedge funds own 18.43% of the company’s stock.

Mastech Digital Trading Up 1.4 %

Shares of NYSE MHH opened at $14.70 on Friday. The company has a 50 day simple moving average of $14.60 and a two-hundred day simple moving average of $11.81. The stock has a market cap of $172.08 million, a price-to-earnings ratio of -77.37, a PEG ratio of 1.42 and a beta of 0.59. Mastech Digital, Inc. has a 12 month low of $7.15 and a 12 month high of $16.00.

Analyst Upgrades and Downgrades

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

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.