MoSys Inc. (MOSY) Director Robert Y. Iv Newell Buys 50,000 Shares
MoSys Inc. (NASDAQ:MOSY) Director Robert Y. Iv Newell bought 50,000 shares of the business’s stock in a transaction on Monday, December 3rd. The stock was purchased at an average price of $0.22 per share, for a total transaction of $11,000.00. Following the purchase, the director now directly owns 60,000 shares in the company, valued at approximately $13,200. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.
NASDAQ MOSY traded down $0.02 during trading on Thursday, hitting $0.19. The stock had a trading volume of 16,167 shares, compared to its average volume of 2,103,791. The stock has a market capitalization of $9.18 million, a price-to-earnings ratio of 2.14 and a beta of 0.75. The company has a debt-to-equity ratio of 1.73, a quick ratio of 2.00 and a current ratio of 2.39. MoSys Inc. has a 12 month low of $0.20 and a 12 month high of $2.23.
MoSys (NASDAQ:MOSY) last released its earnings results on Tuesday, November 6th. The semiconductor producer reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.03. The firm had revenue of $4.34 million for the quarter. MoSys had a positive return on equity of 11.69% and a negative net margin of 15.79%.
Separately, ValuEngine upgraded MoSys from a “hold” rating to a “buy” rating in a research note on Thursday, November 8th.
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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.
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