Data I/O (NASDAQ:DAIO) Share Price Passes Above Fifty Day Moving Average of $4.32

Shares of Data I/O Co. (NASDAQ:DAIO) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.32 and traded as high as $4.35. Data I/O shares last traded at $4.35, with a volume of 100 shares.

Separately, TheStreet raised Viacom from a “c+” rating to a “b-” rating in a report on Wednesday, April 24th.

The business’s 50 day simple moving average is $4.32. The stock has a market cap of $34.60 million, a price-to-earnings ratio of 23.39 and a beta of 1.70. The company has a quick ratio of 3.68, a current ratio of 4.72 and a debt-to-equity ratio of 0.07.

Data I/O (NASDAQ:DAIO) last released its quarterly earnings results on Thursday, April 25th. The electronics maker reported $0.00 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.03). The firm had revenue of $6.06 million during the quarter. Data I/O had a net margin of 5.43% and a return on equity of 6.49%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Municipal Employees Retirement System of Michigan bought a new stake in Data I/O in the 4th quarter valued at $369,000. Acadian Asset Management LLC boosted its stake in Data I/O by 7.1% in the 1st quarter. Acadian Asset Management LLC now owns 193,916 shares of the electronics maker’s stock valued at $1,076,000 after purchasing an additional 12,777 shares during the period. Alambic Investment Management L.P. boosted its stake in Data I/O by 66.4% in the 1st quarter. Alambic Investment Management L.P. now owns 29,231 shares of the electronics maker’s stock valued at $162,000 after purchasing an additional 11,661 shares during the period. Finally, James Investment Research Inc. boosted its stake in Data I/O by 23.1% in the 1st quarter. James Investment Research Inc. now owns 11,723 shares of the electronics maker’s stock valued at $65,000 after purchasing an additional 2,200 shares during the period. Institutional investors and hedge funds own 35.30% of the company’s stock.

Data I/O Company Profile (NASDAQ:DAIO)

Data I/O Corporation designs, manufactures, and sells programming systems and services for electronic device manufacturers in the United States, Europe, and internationally. Its programming system products are used to program integrated circuits (ICs) with the specific data necessary for the ICs. The company provides PSV handlers offline automated programming systems; and RoadRunner and RoadRunner3 series handlers, an inline automated programming systems.

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