Is Data I/O Corporation (DAIO) a Buy? The Stock Rises Again

December 7, 2017 - By Dolores Ford

Investors sentiment increased to 5.5 in Q2 2017. Its up 2.75, from 2.75 in 2017Q1. It improved, as 2 investors sold Data I/O Corporation shares while 2 reduced holdings. 11 funds opened positions while 11 raised stakes. 3.94 million shares or 165.67% more from 1.48 million shares in 2017Q1 were reported.
James Invest Rech has 9,950 shares. Spark Investment Management Limited Liability invested in 0.03% or 61,800 shares. Savings Bank Of Ny Mellon Corp has invested 0% in Data I/O Corporation (NASDAQ:DAIO). Renaissance Tech Limited Liability Corp holds 633,800 shares. Bridgeway has 0.01% invested in Data I/O Corporation (NASDAQ:DAIO) for 65,600 shares. 325,713 are owned by Dimensional Fund Advsr L P. Eam Investors Lc owns 62,269 shares. 20,022 were accumulated by Thompson Davis Com Incorporated. Essex Inv Mgmt Com Ltd holds 16,561 shares or 0.02% of its portfolio. 96,936 are owned by Deutsche Bank & Trust Ag. Northern Tru Corp reported 27,580 shares stake. 272,922 are held by Vanguard Group. Wells Fargo Company Mn holds 2,825 shares. Panagora Asset accumulated 7,894 shares or 0% of the stock. Morgan Stanley holds 0% of its portfolio in Data I/O Corporation (NASDAQ:DAIO) for 3,412 shares.

The stock of Data I/O Corporation (NASDAQ:DAIO) is a huge mover today! The stock increased 6.63% or $0.8 during the last trading session, reaching $12.87. About 378,348 shares traded or 54.89% up from the average. Data I/O Corporation (NASDAQ:DAIO) has risen 180.69% since December 7, 2016 and is uptrending. It has outperformed by 163.99% the S&P500.
The move comes after 6 months positive chart setup for the $106.06M company. It was reported on Dec, 7 by Barchart.com. We have $13.26 PT which if reached, will make NASDAQ:DAIO worth $3.18 million more.

More important recent Data I/O Corporation (NASDAQ:DAIO) news were published by: Marketwired.com which released: “Data I/O, EBV Elektronik and Infineon Announce Immediate Availability of …” on November 13, 2017, also Seekingalpha.com published article titled: “Data I/O Corporation: Can It Get Any Better?”, Marketwired.com published: “Data I/O Presents “Secure Programming and Provisioning” at the IoT Security …” on December 04, 2017. More interesting news about Data I/O Corporation (NASDAQ:DAIO) was released by: Marketwired.com and their article: “Data I/O Receives Award for Its New SentriXâ„¢ Security Provisioning Technology …” with publication date: November 14, 2017.

Data I/O Corporation designs, manufactures, and sells programming systems for electronic device manufacturers worldwide. The company has market cap of $106.06 million. The Company’s programming system products are used to program integrated circuits with the specific data necessary for the ICs. It has a 30 P/E ratio. The firm provides PSV handlers off-line automated programming systems; and RoadRunner and RoadRunner3 series handlers, an in-line automated programming systems.

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