MoSys (NASDAQ:MOSY) Shares Up 5.3%

MoSys Inc. (NASDAQ:MOSY)’s stock price shot up 5.3% during trading on Thursday . The stock traded as high as $0.20 and last traded at $0.20. 415,781 shares were traded during mid-day trading, a decline of 63% from the average session volume of 1,133,647 shares. The stock had previously closed at $0.19.

Separately, ValuEngine raised MoSys from a “hold” rating to a “buy” rating in a report on Friday, March 22nd.

The firm has a market cap of $8.42 million, a P/E ratio of 2.17 and a beta of 1.29. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.94 and a quick ratio of 5.44.

A hedge fund recently bought a new stake in MoSys stock. Deutsche Bank AG acquired a new stake in MoSys Inc. (NASDAQ:MOSY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 187,910 shares of the semiconductor producer’s stock, valued at approximately $31,000. Deutsche Bank AG owned approximately 0.44% of MoSys at the end of the most recent reporting period. 12.79% of the stock is owned by institutional investors and hedge funds.

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About MoSys (NASDAQ:MOSY)

MoSys, Inc, together with its subsidiaries, operates as a semiconductor company in North America, Japan, Taiwan, and internationally. The company develops and sells integrated circuits (ICs) for the high-speed cloud networking, communications, security appliance, video, monitor and test, data center, and computing markets.

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