DSWL Stock Summary and Trading Ideas (Deswell Industries - Common Shares | NASDAQ:DSWL)

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.

Deswell Industries - Common Shares trades on the NASDAQ stock market under the symbol DSWL.

As of April 26, 2024, DSWL stock price declined to $2.30 with 1,153 million shares trading.

DSWL has a market cap of $36.65 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, DSWL stock traded as high as $5.60 and as low as $2.12.

DSWL has underperformed the market in the last year with a return of -5.7%, while the SPY ETF gained +26.8%. In the last 3 month period, DSWL fell short of the market, returning -8.7%, while SPY returned +4.5%. However, in the most recent 2 weeks DSWL has outperformed the stock market by returning +0.2%, while SPY returned -1.9%.

DSWL support price is $2.28 and resistance is $2.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DSWL stock will trade within this expected range on the day.