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Gates Industrial plc (GTES) Reaches $14.72 Low on May, 31; Dlh Holdings (DLHC) Sellers Decreased By 53.39% Their Shorts

DLH Holdings Corp. (NASDAQ:DLHC) Logo

Dlh Holdings Corp (NASDAQ:DLHC) had a decrease of 53.39% in short interest. DLHC’s SI was 5,500 shares in May as released by FINRA. Its down 53.39% from 11,800 shares previously. With 17,900 avg volume, 0 days are for Dlh Holdings Corp (NASDAQ:DLHC)’s short sellers to cover DLHC’s short positions. The SI to Dlh Holdings Corp’s float is 0.15%. The stock decreased 3.64% or $0.2 during the last trading session, reaching $5.3. About 102 shares traded. DLH Holdings Corp. (NASDAQ:DLHC) has risen 18.47% since May 31, 2017 and is uptrending. It has outperformed by 5.90% the S&P500.

The stock of Gates Industrial Corporation plc (NYSE:GTES) reached all time low today, May, 31 and still has $13.54 target or 8.00% below today’s $14.72 share price. This indicates more downside for the $4.27B company. This technical setup was reported by Barchart.com. If the $13.54 PT is reached, the company will be worth $341.20M less. The stock decreased 4.48% or $0.69 during the last trading session, reaching $14.72. About 141,473 shares traded. Gates Industrial Corporation plc (NYSE:GTES) has 0.00% since May 31, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await Gates Industrial Corporation plc (NYSE:GTES) to report earnings on August, 1. GTES’s profit will be $86.92 million for 12.27 P/E if the $0.30 EPS becomes a reality. After $0.25 actual earnings per share reported by Gates Industrial Corporation plc for the previous quarter, Wall Street now forecasts 20.00% EPS growth.

More news for Gates Industrial Corporation plc (NYSE:GTES) were recently published by: Seekingalpha.com, which released: “Gates Industrial’s (GTES) CEO Ivo Jurek on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018. Prnewswire.com‘s article titled: “Gates Industrial to Participate in KeyBanc 2018 Industrials & Basic Materials Conference” and published on May 22, 2018 is yet another important article.

Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. The company has market cap of $4.27 billion. The Company’s power transmission products include synchronous belts, V-belts, CVT belts, or micro-V belts, as well as related components, including sprockets, pulleys, water pumps, tensioners, or other accessories. It has a 24.41 P/E ratio. The company's power transmission product applications comprise stationary drives, mobile drives, engine systems, personal mobility products, and vertical lifts.

DLH Holdings Corp. provides healthcare and social services in the United States. The company has market cap of $63.07 million. It offers defense and veteransÂ’ health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. It has a 135.9 P/E ratio. The firm also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.

Another recent and important DLH Holdings Corp. (NASDAQ:DLHC) news was published by Seekingalpha.com which published an article titled: “DLH Holdings’ (DLHC) CEO Zach Parker on Q2 2018 Results – Earnings Call Transcript” on May 16, 2018.

Among 2 analysts covering DLH Holdings (NASDAQ:DLHC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. DLH Holdings had 5 analyst reports since June 11, 2017 according to SRatingsIntel. The stock of DLH Holdings Corp. (NASDAQ:DLHC) has “Buy” rating given on Wednesday, August 9 by Noble Financial. The company was maintained on Thursday, December 7 by Noble Financial. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, December 6. The stock has “Buy” rating by Canaccord Genuity on Wednesday, October 11. Canaccord Genuity maintained the shares of DLHC in report on Sunday, June 11 with “Buy” rating.

DLH Holdings Corp. (NASDAQ:DLHC) Institutional Positions Chart

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