NeoMagic Corp. (OTCMKTS:NMGC – Get Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $0.02 and traded as high as $0.0202. NeoMagic shares last traded at $0.0202, with a volume of 225 shares traded.
NeoMagic Stock Up 31.2%
The firm has a fifty day simple moving average of $0.02 and a 200 day simple moving average of $0.01.
About NeoMagic
NeoMagic Corporation is a semiconductor company historically focused on graphics and multimedia solutions for mobile and portable electronic devices. Its products were designed to help manufacturers add display, graphics, video and other multimedia capabilities to systems with limited power and space. The company developed products under the MagicGraph and MagicMedia names, including graphics accelerators and integrated multimedia processors. These technologies were targeted at applications such as notebook computers, handheld devices, personal digital assistants, mobile phones and other embedded consumer-electronics systems.
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