Deswell Industries (NASDAQ:DSWL) Shares Cross Above 200 Day Moving Average of $2.36

Deswell Industries, Inc. (NASDAQ:DSWL) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.36 and traded as high as $2.50. Deswell Industries shares last traded at $2.42, with a volume of 13,067 shares.

Deswell Industries Trading Down 2.4 %

The company’s 50-day moving average is $2.45 and its 200 day moving average is $2.36.

Deswell Industries (NASDAQ:DSWL) last announced 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 firm also recently announced a Semi-Annual dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, July 5th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, July 5th. This represents a dividend yield of 8.1%.

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.