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

Data I/O Co. (NASDAQ:DAIO) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.62 and traded as high as $2.84. Data I/O shares last traded at $2.80, with a volume of 14,736 shares traded.

Data I/O Trading Up 1.8 %

The stock has a market capitalization of $25.86 million, a price-to-earnings ratio of -14.74 and a beta of 0.92. The stock has a fifty day moving average of $2.64 and a two-hundred day moving average of $2.62.

Data I/O (NASDAQ:DAIO) last released 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 net margin of 7.53% and a negative return on equity of 9.05%. The business 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. Perkins Coie Trust Co boosted its position in shares of Data I/O Co. (NASDAQ:DAIO) by 44.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,600 shares of the electronics maker’s stock after buying an additional 9,100 shares during the quarter. Perkins Coie Trust Co owned approximately 0.33% of Data I/O worth $76,000 as of its most recent SEC filing. 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 for the ICs.