Deswell Industries (NASDAQ:DSWL) Share Price Passes Above 200 Day Moving Average - Here's Why

Key Points

• Deswell Industries' share price has risen above its 200-day moving average during recent trading, reaching a high of $4.03 before settling at $3.96.
• The company has a 200-day moving average of $2.83 and a 50-day moving average of $3.62, indicating a positive trend in its stock performance.
• Deswell Industries, Inc. manufactures injection-molded plastic parts and electronic products, serving clients internationally across multiple regions including China, Europe, and North America.

Deswell Industries, Inc. (NASDAQ:DSWL - )'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.83 and traded as high as $4.03. Deswell Industries shares last traded at $3.96, with a volume of 23,863 shares.

Deswell Industries Stock Down 0.8%

The firm's 50 day moving average is $3.62 and its two-hundred day moving average is $2.83.

Deswell Industries Company Profile

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 in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally.

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