Deswell Industries (NASDAQ:DSWL) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Deswell Industries, Inc. (NASDAQ:DSWLGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.99 and traded as high as $3.50. Deswell Industries shares last traded at $3.43, with a volume of 9,026 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Deswell Industries in a report on Friday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Deswell Industries has an average rating of “Buy”.

Check Out Our Latest Stock Analysis on Deswell Industries

Deswell Industries Stock Down 1.4%

The firm has a 50 day simple moving average of $3.84 and a two-hundred day simple moving average of $2.99.

Deswell Industries Company Profile

(Get Free Report)

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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