Data I/O (NASDAQ:DAIO – Get Free Report) released its quarterly earnings results on Thursday. The electronics maker reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Data I/O had a negative return on equity of 7.71% and a negative net margin of 6.15%. The firm had revenue of $5.42 million during the quarter.
Data I/O Stock Up 4.5 %
Shares of Data I/O stock traded up $0.11 during midday trading on Friday, hitting $2.55. The company had a trading volume of 51,818 shares, compared to its average volume of 21,696. The stock has a market cap of $23.01 million, a price-to-earnings ratio of -51.00 and a beta of 0.96. Data I/O has a 12-month low of $2.29 and a 12-month high of $3.99. The company has a fifty day simple moving average of $2.50 and a 200 day simple moving average of $2.75.
Analyst Ratings Changes
Separately, Westpark Capital restated a “buy” rating and set a $4.00 target price on shares of Data I/O in a research note on Wednesday, August 21st.
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 for the ICs.
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