Here’s The Case for and Against Data I/O Corporation (DAIO)

On Thursday, shares of Data I/O Corporation (NASDAQ:DAIO) marked $2.91 per share versus a previous $3.30 closing price. With having a -11.82% loss, an insight into the fundamental values of Data I/O Corporation, investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. DAIO showed a fall of -31.48% within its YTD performance, with highs and lows between $2.34 – $4.73 during the period of 52 weeks, compared to the simple moving average of -21.30% in the period of the last 200 days.

R. F. Lafferty equity researchers changed the status of Data I/O Corporation (NASDAQ: DAIO) shares to a “Buy” rating in the report published on February 7th, 2018. Other analysts, including Lake Street, also published their reports on DAIO shares. Lake Street repeated the rating from the previous report, marking DAIO under “Buy” rating, in the report published on November 13th, 2017.

Data I/O Corporation (DAIO) Analysis

The present dividend yield for DAIO owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording -25.30%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Data I/O Corporation (DAIO) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -0.20% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 3.50 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while DAIO is currently recording an average of 19.57K in volumes. The volatility of the stock on monthly basis is set at 7.32%, while the weekly volatility levels are marked at 11.74%with 1.04% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $4.00, indicating growth from the present price of $2.91, which can represent yet another valuable research and analysis points that can help you decide whether to invest in DAIO or pass.

What to Look for When Analyzing Data I/O Corporation Shares?

Data I/O Corporation (DAIO) is based in the USA and it represents one of the well-known company operating with Technology sector. If you wish to compare DAIO shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for Data I/O Corporation, while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -0.22 is supported by the yearly EPS growth of -176.30%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 5.20%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 42.10% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in DAIO Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in DAIO in the recent period. That is how The Vanguard Group, Inc. now has an increase position in DAIO by 0.00% in the first quarter, owning 324172 shares of DAIO stocks, with the value of $933615 after the purchase of an additional 0 shares during the last quarter. In the meanwhile, Janney Montgomery Scott LLC also increased their stake in DAIO shares changed 11.35% in the first quarter, which means that the company now owns 212400 shares of company, all valued at $611712 after the acquisition of additional 21,650 shares during the last quarter.

United Capital Financial Advisers acquired a new position in Data I/O Corporation during the first quarter, with the value of $579439, and Acadian Asset Management LLC increased their stake in the company’s shares by 0.00% in the first quarter, now owning 0 shares valued at $558478 after the acquisition of the additional 193916 shares during the last quarter. In the end, Perritt Capital Management, Inc. increased their position by 0.00% during the first quarter, now owning 80000 DAIO shares, now holding the value of $230400 in DAIO with the purchase of the additional 0 shares during the period of the last quarter. At the present, 42.10% of DAIO shares are in the ownership of institutional investors.