Deswell Industries (NASDAQ:DSWL) Stock Price Crosses Above 200-Day Moving Average of $2.36

Shares of Deswell Industries, Inc. (NASDAQ:DSWL) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.36 and traded as high as $2.50. Deswell Industries shares last traded at $2.42, with a volume of 13,067 shares.

Deswell Industries Price Performance

The company’s 50-day moving average price is $2.45 and its two-hundred day moving average price is $2.36.

Deswell Industries (NASDAQ:DSWL) last posted its quarterly earnings results on Thursday, June 20th. The technology company reported $0.48 EPS for the quarter. The firm had revenue of $69.37 million during the quarter.

Deswell Industries Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, July 5th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, July 5th. This represents a dividend yield of 8.1%.

About Deswell Industries

Deswell Industries, Inc manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. It operates through two segments, Plastic Injection Molding and Electronic Products Assembling.