Somewhat Positive Press Coverage Somewhat Unlikely to Affect Deswell Industries (DSWL) Stock Price

Headlines about Deswell Industries (NASDAQ:DSWL) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Deswell Industries earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.4768123878081 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Deswell Industries (NASDAQ:DSWL) traded down 0.40% during mid-day trading on Tuesday, reaching $2.48. 1,790 shares of the company’s stock traded hands. The stock has a market cap of $39.32 million, a P/E ratio of 28.84 and a beta of 0.68. The firm has a 50-day moving average price of $2.32 and a 200-day moving average price of $2.00. Deswell Industries has a 1-year low of $1.60 and a 1-year high of $2.60.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Monday, June 26th were issued a $0.07 dividend. The ex-dividend date of this dividend was Thursday, June 22nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 11.29%.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://stocknewstimes.com/2017/08/09/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-deswell-industries-dswl-stock-price.html.

Deswell Industries Company Profile

Deswell Industries, Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. The Company also provides manufacturing services for electronic products and subassemblies, and manufactures metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers.

Insider Buying and Selling by Quarter for Deswell Industries (NASDAQ:DSWL)

Receive News & Ratings for Deswell Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deswell Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply