O2Micro International (NASDAQ:OIIM) Stock Crosses Above 200 Day Moving Average of $3.72

O2Micro International Limited (NASDAQ:OIIMGet Rating) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.72 and traded as high as $4.42. O2Micro International shares last traded at $4.42, with a volume of 35,524 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on OIIM shares. Stifel Nicolaus cut shares of O2Micro International from a “buy” rating to a “hold” rating and set a $3.50 price objective for the company. in a research note on Thursday, September 29th. StockNews.com started coverage on shares of O2Micro International in a research note on Thursday, October 20th. They set a “hold” rating for the company.

O2Micro International Trading Up 1.4 %

The business’s 50-day moving average is $3.94 and its two-hundred day moving average is $3.72. The stock has a market capitalization of $128.79 million, a PE ratio of 44.20 and a beta of 0.60.

Institutional Trading of O2Micro International

A number of institutional investors have recently added to or reduced their stakes in OIIM. Grandeur Peak Global Advisors LLC boosted its position in O2Micro International by 41.3% during the 1st quarter. Grandeur Peak Global Advisors LLC now owns 3,825,080 shares of the electronics maker’s stock worth $15,874,000 after purchasing an additional 1,118,132 shares during the period. White Pine Capital LLC boosted its position in O2Micro International by 151.4% during the 2nd quarter. White Pine Capital LLC now owns 414,893 shares of the electronics maker’s stock worth $1,543,000 after purchasing an additional 249,850 shares during the period. DnB Asset Management AS boosted its position in O2Micro International by 4.6% during the 2nd quarter. DnB Asset Management AS now owns 2,265,370 shares of the electronics maker’s stock worth $8,427,000 after purchasing an additional 99,195 shares during the period. Raymond James & Associates boosted its position in O2Micro International by 69.6% during the 1st quarter. Raymond James & Associates now owns 223,139 shares of the electronics maker’s stock worth $926,000 after purchasing an additional 91,588 shares during the period. Finally, DNB Asset Management AS lifted its holdings in O2Micro International by 3.5% in the 3rd quarter. DNB Asset Management AS now owns 2,344,319 shares of the electronics maker’s stock worth $9,916,000 after buying an additional 78,949 shares in the last quarter.

O2Micro International Company Profile

(Get Rating)

O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems in China, Singapore, Taiwan, Malaysia, Korea, the Philippines, Japan, the United States, and internationally. The company offers analog and mixed-signal integrated circuits that manages and provides power for LCD and LED lighting; controls and monitors battery charging and discharging in portable electronic devices and vehicles; performs DC/DC and AC/DC conversion; and provides select and switch functionality between power sources.

Further Reading

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