Data I/O (NASDAQ:DAIO) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Posted by Linda Flegge on Jan 16th, 2025

Shares of Data I/O Co. (NASDAQ:DAIO – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.62 and traded as high as $2.85. Data I/O shares last traded at $2.83, with a volume of 6,112 shares.

Data I/O Trading Up 1.1 %

The stock has a market cap of $26.41 million, a P/E ratio of -15.05 and a beta of 0.91. The stock’s 50-day moving average is $2.73 and its 200-day moving average is $2.62.

Data I/O (NASDAQ:DAIO – Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The electronics maker reported ($0.03) EPS for the quarter. The company had revenue of $5.42 million for the quarter. Data I/O had a negative net margin of 7.53% and a negative return on equity of 9.05%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Data I/O stock. Geode Capital Management LLC raised its holdings in shares of Data I/O Co. (NASDAQ:DAIO – Free Report) by 30.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 96,512 shares of the electronics maker’s stock after buying an additional 22,804 shares during the period. Geode Capital Management LLC owned about 1.04% of Data I/O worth $248,000 as of its most recent SEC filing. Institutional investors own 36.95% of the company’s stock.

About Data I/O

(Get Free Report)

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 for the ICs.