MoSys (MOSY) Sees Unusually-High Trading Volume

Shares of MoSys Inc. (NASDAQ:MOSY) saw unusually-high trading volume on Wednesday . Approximately 16,077,828 shares changed hands during mid-day trading, an increase of 2,473% from the previous session’s volume of 624,751 shares.The stock last traded at $0.29 and had previously closed at $0.22.

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 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.01. The firm had revenue of $4.60 million during the quarter. MoSys had a negative return on equity of 14.95% and a negative net margin of 10.67%.

A hedge fund recently bought a new stake in MoSys stock. Macquarie Group Ltd. purchased a new stake in shares of MoSys Inc. (NASDAQ:MOSY) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 63,158 shares of the semiconductor producer’s stock, valued at approximately $111,000. Macquarie Group Ltd. owned about 0.77% of MoSys at the end of the most recent quarter. Hedge funds and other institutional investors own 13.31% 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.

Further Reading: Short Selling Stocks and Day Traders

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