Overall market sentiment has been high on Deswell Industries, Inc. (DSWL) stock lately. DSWL receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With DSWL Stock Today?
Deswell Industries, Inc. (DSWL) stock is trading at $2.79 as of 1:45 PM on Tuesday, Sep 29, a gain of $0.26, or 10.28% from the previous closing price of $2.53. Volume today is more active than usual. So far 522,799 shares have traded compared to average volume of 9,177 shares. The stock has traded between $2.53 and $3.25 so far today.
To see InvestorsObserver's Sentiment Score for Deswell Industries, Inc. click here.
More About Deswell Industries, Inc.
Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.
Click Here to get the full Stock Score Report on Deswell Industries, Inc. (DSWL) Stock.
