Thursday, December 2, 2010

Mastech Holdings, Inc. (MHH) is “One to Watch”

Mastech Holdings, Inc. provides information technology staffing and consulting services to Fortune 1000 companies. Blending technical expertise with business process experience, the company delivers a broad range of services within business intelligence / data warehousing, service oriented architecture, web services, enterprise resource planning & customer resource management and eBusiness solutions segments.

Recruiting through Global Recruiting Centers located in the U.S. and Asia, Mastech has established an irrefutable reputation of delivering high-quality candidates to their clients in a timely fashion. The company’s key strengths lie in its offshore recruiting engine, with investment in sourcing and recruiting processes, expanding search coverage, round-the-clock sourcing, and frequent candidate contact.

The company’s staff augmentation and recruiting services help clients close gaps in their in-house technical expertise, augment the capacity of existing teams, contribute scarce skillsets to IT projects, and find qualified candidates for permanent positions. Mastech’s challenging assignments, outstanding benefits, and dedication to success attracts highly qualified candidates capable of meeting their clients demanding needs.

With annual revenue of approximately $67 million, the company’s market cap is currently worth $13.10 million. Also notable, more than half of the shares outstanding are held by insiders while institutions hold 5.60%. Mastech’s balance sheet is solid as well with $17.6 million in total assets, $5.9 million of which consists of cash and equivalents, and $5.6 million in total liabilities as of last report.

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