Deswell Industries (NASDAQ:DSWL) Stock Price Crosses Above Two Hundred Day Moving Average of $2.34

Deswell Industries, Inc. (NASDAQ:DSWL) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.34 and traded as high as $2.38. Deswell Industries shares last traded at $2.36, with a volume of 8,730 shares changing hands.

Deswell Industries Trading Up 1.7 %

The firm has a 50-day simple moving average of $2.41 and a 200-day simple moving average of $2.35.

Deswell Industries (NASDAQ:DSWL) last issued its quarterly earnings results on Thursday, June 20th. The technology company reported $0.48 earnings per share for the quarter. The business had revenue of $69.37 million during the quarter.

Deswell Industries Dividend Announcement

The business also recently announced a Semi-Annual dividend, which was paid on Friday, July 19th. Shareholders of record on Friday, July 5th were given a dividend of $0.10 per share. This represents a yield of 8.1%. The ex-dividend date was Friday, July 5th.

About Deswell Industries

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. It operates through two segments, Plastic Injection Molding and Electronic Products Assembling.