Data I/O (NASDAQ:DAIO) Stock Passes Above 200-Day Moving Average of $3.27

Data I/O Co. (NASDAQ:DAIO)’s share price passed 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 Price Performance

The company has a market capitalization of $32.02 million, a price-to-earnings ratio of 71.01 and a beta of 0.99. The stock has a 50 day simple moving average of $3.53 and a two-hundred day simple moving average of $3.27.

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

Institutional Trading of Data I/O

An institutional investor recently bought a new position in Data I/O stock. Bank of New York Mellon Corp purchased a new stake in Data I/O Co. (NASDAQ:DAIO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 121,535 shares of the electronics maker’s stock, valued at approximately $463,000. Bank of New York Mellon Corp owned approximately 1.35% of Data I/O at the end of the most recent reporting period. 36.95% of the stock is owned by institutional investors.

About Data I/O

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.