Data I/O (NASDAQ:DAIO) Stock Price Passes Above 200 Day Moving Average of $3.27

Data I/O Co. (NASDAQ:DAIO) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.27 and traded as high as $3.71. Data I/O shares last traded at $3.55, with a volume of 19,724 shares.

Data I/O Price Performance

The firm’s 50-day simple moving average is $3.53 and its two-hundred day simple moving average is $3.26. The company has a market capitalization of $28.32 million, a price-to-earnings ratio of -62.79 and a beta of 0.99.

Data I/O (NASDAQ:DAIO) last released its quarterly earnings results on Thursday, February 22nd. The electronics maker reported $0.02 EPS for the quarter. The business had revenue of $6.87 million for the quarter. Data I/O had a negative net margin of 1.54% and a negative return on equity of 2.10%.

Institutional Trading of Data I/O

A hedge fund recently bought a new stake in Data I/O stock. Salem Investment Counselors Inc. purchased a new stake in Data I/O Co. (NASDAQ:DAIO) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,796 shares of the electronics maker’s stock, valued at approximately $56,000. Salem Investment Counselors Inc. owned about 0.18% of Data I/O at the end of the most recent reporting period. Hedge funds and other institutional investors own 36.95% of the company’s stock.

About Data I/O

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 necessary for the ICs.