DLH Holdings Corp (DLHC) stock is lower by 2.24% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With DLHC Stock Today?
DLH Holdings Corp (DLHC) stock is down -4.91% while the S&P 500 is higher by 0.63% as of 2:11 PM on Wednesday, Aug 5. DLHC has fallen -$0.54 from the previous closing price of $11.00 on volume of 148,776 shares. Over the past year the S&P 500 is up 16.96% while DLHC is higher by 124.95%. DLHC earned $0.46 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.71.
To see the top 5 stocks in the Specialty Business Services industry click here.
More About DLH Holdings Corp
DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of Veteran Affairs, Department of Health and Human Services, Department of Defense and other government agencies. It operates primarily through prime contracts and also derives its revenue from agencies of the federal government, primarily as a prime contractor but also as a subcontractor to other Federal prime contractors.
