Shares of Deswell Industries, Inc. (NASDAQ:DSWL – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.36 and traded as high as $2.48. Deswell Industries shares last traded at $2.39, with a volume of 52,600 shares traded.
Deswell Industries Stock Up 2.1%
The firm’s fifty day simple moving average is $2.30 and its two-hundred day simple moving average is $2.36.
Institutional Investors Weigh In On Deswell Industries
An institutional investor recently bought a new position in Deswell Industries stock. Garde Capital Inc. bought a new stake in Deswell Industries, Inc. (NASDAQ:DSWL – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 83,048 shares of the technology company’s stock, valued at approximately $198,000. Garde Capital Inc. owned approximately 0.52% of Deswell Industries at the end of the most recent reporting period.
Deswell Industries Company Profile
Deswell Industries, Inc manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally.
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