Deswell Industries (NASDAQ:DSWL) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Deswell Industries, Inc. (NASDAQ:DSWLGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.95 and traded as high as $3.68. Deswell Industries shares last traded at $3.46, with a volume of 11,690 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Deswell Industries in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Deswell Industries currently has a consensus rating of “Buy”.

View Our Latest Analysis on Deswell Industries

Deswell Industries Price Performance

The stock has a 50-day moving average of $3.81 and a 200 day moving average of $2.95.

About Deswell Industries

(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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