MoSys (NASDAQ:MOSY) Shares Up 6.7%
MoSys Inc. (NASDAQ:MOSY)’s share price shot up 6.7% during mid-day trading on Wednesday . The stock traded as high as $2.23 and last traded at $2.22, 271,930 shares traded hands during mid-day trading. An increase of 316% from the average session volume of 65,337 shares. The stock had previously closed at $2.08.
Separately, ValuEngine raised shares of MoSys from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.
The company has a market capitalization of $4.51 million, a PE ratio of 2.12 and a beta of 1.24. The company has a current ratio of 6.89, a quick ratio of 6.49 and a debt-to-equity ratio of 0.38. The firm’s 50-day simple moving average is $1.99 and its 200-day simple moving average is $0.64.
MoSys, Inc, together with its subsidiaries, operates as a semiconductor company in North America, Japan, Taiwan, and internationally. The 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.
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