MoSys (NASDAQ:MOSY) Trading Up 5.9%

MoSys Inc. (NASDAQ:MOSY)’s stock price was up 5.9% during trading on Friday . The stock traded as high as $0.18 and last traded at $0.18, approximately 233,963 shares were traded during trading. A decline of 76% from the average daily volume of 978,448 shares. The stock had previously closed at $0.17.

Separately, ValuEngine raised shares of MoSys from a “hold” rating to a “buy” rating in a research report on Tuesday, July 2nd.

The business has a 50-day moving average price of $0.18. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.94 and a quick ratio of 5.44. The firm has a market capitalization of $7.52 million, a PE ratio of 1.93 and a beta of 1.24.

A hedge fund recently bought a new stake in MoSys stock. Deutsche Bank AG purchased a new position in shares of MoSys Inc. (NASDAQ:MOSY) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 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. 12.69% of the stock is currently owned by hedge funds and other institutional investors.

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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