Deswell Industries (NASDAQ:DSWL) Stock Crosses Above 200-Day Moving Average - What's Next?

Deswell Industries, Inc. (NASDAQ:DSWL - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.76 and traded as high as $4.09. Deswell Industries shares last traded at $4.03, with a volume of 25,500 shares traded.Get Deswell Industries alerts:Deswell Industries Stock PerformanceThe company's 50-day moving average price is $3.49 and its 200-day moving average price is $2.76. Institutional Investors Weigh In On Deswell IndustriesAn institutional investor recently bought a new position in Deswell Industries stock. Garde Capital Inc. purchased a new stake in Deswell Industries, Inc. (NASDAQ:DSWL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 83,048 shares of the technology company's stock, valued at approximately $198,000. Garde Capital Inc. owned about 0.52% of Deswell Industries at the end of the most recent reporting period. Deswell Industries Company Profile (Get Free Report)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 in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally.Featured ArticlesFive stocks we like better than Deswell IndustriesHealth Care Stocks Explained: Why You Might Want to InvestHow The Weak Dollar Is Fueling These Global Stock SurgesProfitably Trade Stocks at 52-Week Highs3 Recession-Ready Stocks That Thrive When the Economy SputtersThe 3 Best Fintech Stocks to Buy Now3 Automation-Focused Stocks Flying Under the RadarThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Deswell Industries Right Now?Before you consider Deswell Industries, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deswell Industries wasn't on the list.While Deswell Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here