DIH Holding US (NASDAQ:DHAI) Issues Quarterly Earnings Results

DIH Holding US (NASDAQ:DHAI) released its quarterly earnings results on Monday. The company reported ($1.44) earnings per share for the quarter, Zacks reports. The company had revenue of $12.65 million during the quarter.

DIH Holding US Stock Performance

Shares of NASDAQ DHAI opened at $3.09 on Wednesday. DIH Holding US has a 52 week low of $2.75 and a 52 week high of $73.25. The stock has a market capitalization of $5.84 million, a P/E ratio of -0.41 and a beta of 0.02. The stock’s fifty day moving average is $5.36 and its 200 day moving average is $5.47.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of DIH Holding US in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, DIH Holding US currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On DIH Holding US

An institutional investor recently bought a new position in DIH Holding US stock. XTX Topco Ltd bought a new position in DIH Holding US, Inc. (NASDAQ:DHAI) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 119,994 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned approximately 0.25% of DIH Holding US as of its most recent SEC filing. 27.76% of the stock is owned by institutional investors and hedge funds.

DIH Holding US Company Profile

DIH Holding US, Inc operates as a robotics and virtual reality (VR) technology provider for the rehabilitation industry in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It offers ArmeoPower, a backbone robot for arm and hand therapy in an early stage of rehabilitation; ArmeoSpring for less severe patients that provides self-initiated repetitive arm and hand therapy in an extensive workspace; ArmeoSpring Pro; and Armeo Senso, for patients self-initiated and still structurally controlled movement patterns to completely open movement.