Data I/O (NASDAQ:DAIO) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Data I/O Co. (NASDAQ:DAIO)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.62 and traded as high as $2.85. Data I/O shares last traded at $2.83, with a volume of 6,112 shares trading hands.

Data I/O Trading Up 1.1 %

The business has a fifty day moving average of $2.72 and a 200-day moving average of $2.62. The firm has a market cap of $26.15 million, a PE ratio of -14.89 and a beta of 0.92.

Data I/O (NASDAQ:DAIO) last announced its quarterly earnings results on Thursday, October 24th. The electronics maker reported ($0.03) earnings per share (EPS) for the quarter. Data I/O had a negative return on equity of 9.05% and a negative net margin of 7.53%. The firm had revenue of $5.42 million during the quarter.

Institutional Trading of Data I/O

A hedge fund recently raised its stake in Data I/O stock. Geode Capital Management LLC lifted its position in Data I/O Co. (NASDAQ:DAIO) by 30.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 96,512 shares of the electronics maker’s stock after purchasing an additional 22,804 shares during the quarter. Geode Capital Management LLC owned about 1.04% of Data I/O worth $248,000 at the end of the most recent quarter. Institutional investors own 36.95% of the company’s stock.

Data I/O Company Profile

Data I/O Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of programming and security deployment 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 for the ICs.