Deswell Industries (NASDAQ:DSWL) Stock Crosses Above 200-Day Moving Average - What's Next?
Deswell Industries (NASDAQ:DSWL) shares crossed above their 200-day moving average of $2.76, reaching a high of $4.09 before last trading at $4.03 with a volume of 25,500 shares. Recently, Garde Capital Inc. acquired 83,048 shares, valued at approximately $198,000, representing about 0.52% ownership. Analysts currently rate Deswell Industries as a Hold, with recommendations for other stocks deemed better buys.
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.
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Deswell Industries Stock Performance
The 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 Industries
An 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.
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