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 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Data I/O Stock Down 11.5 %

The stock has a market capitalization of $28.32 million, a PE ratio of -62.79 and a beta of 0.99. The stock’s 50-day moving average is $3.53 and its 200 day moving average is $3.26.

Data I/O (NASDAQ:DAIO) last posted its earnings results on Thursday, February 22nd. The electronics maker reported $0.02 EPS for the quarter. The company had revenue of $6.87 million during 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

An institutional investor recently bought a new position in Data I/O stock. Salem Investment Counselors Inc. bought a new position in Data I/O Co. (NASDAQ:DAIO) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,796 shares of the electronics maker’s stock, valued at approximately $56,000. Salem Investment Counselors Inc. owned approximately 0.18% of Data I/O as of its most recent SEC filing. Hedge funds and other institutional investors own 36.95% of the company’s stock.

Data I/O Company Profile

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.