Data I/O (NASDAQ:DAIO) Share Price Passes Above 200 Day Moving Average of $3.28

Data I/O Co. (NASDAQ:DAIO) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.28 and traded as high as $3.50. Data I/O shares last traded at $3.42, with a volume of 17,100 shares changing hands.

Data I/O Trading Down 1.2 %

The company’s 50 day moving average price is $3.50 and its 200 day moving average price is $3.28. The company has a market cap of $30.85 million, a price-to-earnings ratio of 68.41 and a beta of 0.99.

Data I/O (NASDAQ:DAIO) last announced its quarterly earnings data on Thursday, February 22nd. The electronics maker reported $0.02 earnings per share for the quarter. The company had revenue of $6.87 million for the quarter. Data I/O had a return on equity of 2.46% and a net margin of 1.73%.

Hedge Funds Weigh In On Data I/O

A number of institutional investors and hedge funds have recently made changes to their positions in DAIO. Advisor Group Holdings Inc. acquired a new position in Data I/O during the fourth quarter worth about $42,000. Millennium Management LLC purchased a new stake in shares of Data I/O during the 4th quarter worth approximately $43,000. Salem Investment Counselors Inc. acquired a new stake in shares of Data I/O in the 1st quarter worth approximately $56,000. Perritt Capital Management Inc. increased its stake in Data I/O by 10.0% in the 4th quarter. Perritt Capital Management Inc. now owns 49,374 shares of the electronics maker’s stock valued at $145,000 after purchasing an additional 4,475 shares in the last quarter. Finally, Susquehanna International Group LLP raised its holdings in Data I/O by 119.0% during the first quarter. Susquehanna International Group LLP now owns 29,203 shares of the electronics maker’s stock worth $145,000 after purchasing an additional 15,869 shares during the last quarter. 36.95% of the stock is owned by institutional investors and hedge funds.

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. The company's programming system products are used to program integrated circuits (ICs) with the specific data necessary for the ICs.