MoSys (MOSY) Shares Down 9.4%

MoSys Inc. (NASDAQ:MOSY)’s share price was down 9.4% during trading on Monday . The company traded as low as $0.81 and last traded at $0.87. Approximately 655,067 shares traded hands during mid-day trading, an increase of 43% from the average daily volume of 458,271 shares. The stock had previously closed at $0.96.

Separately, ValuEngine raised shares of MoSys from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd.

The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.45 and a current ratio of 2.06.



MoSys (NASDAQ:MOSY) last issued its quarterly earnings results on Wednesday, July 25th. The semiconductor producer reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.01. The firm had revenue of $4.60 million for the quarter. MoSys had a negative net margin of 10.67% and a negative return on equity of 15.33%.

A hedge fund recently bought a new stake in MoSys stock. Macquarie Group Ltd. bought a new stake in shares of MoSys Inc. (NASDAQ:MOSY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 63,158 shares of the semiconductor producer’s stock, valued at approximately $111,000. Macquarie Group Ltd. owned about 0.77% of MoSys as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 8.50% of the company’s stock.

About MoSys (NASDAQ:MOSY)

MoSys, Inc, a semiconductor company, develops and sells integrated circuits (ICs) for the high-speed cloud networking, communications, security appliance, video, monitor and test, data center, and computing markets. The company offers memory-dominated ICs under the Bandwidth Engine and Programmable Search Engine names.

Featured Article: Fundamental Analysis – How It Helps Investors

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

Leave a Reply