Shares of Deswell Industries, Inc. (NASDAQ:DSWL – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.55 and traded as high as $3.75. Deswell Industries shares last traded at $3.60, with a volume of 7,649 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Deswell Industries in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy”.
Read Our Latest Report on Deswell Industries
Deswell Industries Price Performance
Deswell Industries Dividend Announcement
The firm also recently announced a dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 2nd were issued a $0.10 dividend. This represents a dividend yield of 551.0%. The ex-dividend date of this dividend was Tuesday, December 2nd. Deswell Industries’s dividend payout ratio (DPR) is currently 41.67%.
About Deswell Industries
Deswell Industries, Inc (NASDAQ: DSWL) is a China-based medical device company that designs, develops, manufactures and distributes airway management and respiratory care products. The company’s product portfolio includes laryngeal mask airways, disposable endotracheal tubes, nebulizers, oxygen therapy equipment, humidifiers and related ventilator accessories. Deswell’s devices are used in hospitals, clinics and home-care settings to support anesthesia, emergency medicine and respiratory treatment.
Founded in 2003 and headquartered in Shenzhen, Deswell operates multiple manufacturing facilities that comply with international quality standards, including FDA 510(k) clearances and CE markings for many of its devices.
See Also
- Five stocks we like better than Deswell Industries
- The buying spree that no one is talking about
- Virtually Limitless Energy
- ALERT: Drop these 5 stocks before the market opens tomorrow!
- The $650 Million Bet on AI’s Future
- Market Panic: Trump Just Dropped a Bomb on Your Stocks
Receive News & Ratings for Deswell Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deswell Industries and related companies with MarketBeat.com's FREE daily email newsletter.
