On Wednesday Mastech Digital Inc (NYSE:MHH) stock raised 4.15% and closed at 11.04. The stock opened the session at $10.82 and touched its highest price point at $11.48. Its recent trading capacity is 84813 shares versus to its average trading volume of 42946 shares. The company’s stock’s lowest price point for the session stood at $10.65.MHH traded as low as $ 4.51 in the past 52 weeks, and shares hit its peak level to $11.48.
On Dec. 18, 2019, Mastech Digital Inc (NYSE American:MHH) a leading provider of Digital Transformation IT Services, said that it is seeing a steady increase in its share of digital revenues, especially after its new positioning earlier this year.
In August 2019, the Company launched a Digital First initiative to aggressively target the growing need for digital talent in American corporations. As part of this initiative, Mastech Digital committed itself to setting up specialized teams that are experienced and trained in identifying resources across various digital technologies, and also embarked on a focused marketing campaign to bring awareness of the Digital First initiative to its customer base. The chosen digital technologies are in the areas of Data Management, Analytics and AI, Cloud and Cybersecurity, Mobile technologies, and Digital Learning.
Commenting on the increase in digital revenues for the Company, President and CEO, Vivek Gupta said, Our share of digital revenues is now at 40%, and we are aiming to deliver half of our revenues from digital technologies by end-2021. With our data and analytics business unit showing record growth over the last couple of quarters, and our staffing unit now taking a Digital First approach, I can confidently say that we have successfully transformed ourselves into a digital technologies company.
Ricardo Gardner joined the newsdegree.com, after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. He earned bachelor degree from Union College with a focus in Business Administration. Ricardo is the Senior Editor for newsdegree.com and market movers section. He also holds an MBA from Penn State University He has two daughter and two children.
Height: 177 cm
Weight: 70 kg
Blood Type: AB-
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