Favorable Media Coverage Extremely Likely to Impact Deswell Industries (DSWL) Share Price

Headlines about Deswell Industries (NASDAQ:DSWL) have trended positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Deswell Industries earned a news impact score of 0.46 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the near future.

Shares of Deswell Industries (NASDAQ:DSWL) traded up 0.39% on Friday, hitting $2.57. The stock had a trading volume of 5,832 shares. Deswell Industries has a 1-year low of $1.57 and a 1-year high of $2.60. The firm’s 50-day moving average is $2.26 and its 200 day moving average is $1.97. The stock has a market cap of $40.75 million, a P/E ratio of 29.88 and a beta of 0.66.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Monday, June 26th were issued a dividend of $0.07 per share. The ex-dividend date was Thursday, June 22nd. This represents a $0.28 annualized dividend and a dividend yield of 10.89%.

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About Deswell Industries

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)

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