MoSys (MOSY) Stock Price Down 5%

MoSys Inc. (NASDAQ:MOSY)’s share price fell 5% on Thursday . The company traded as low as $0.18 and last traded at $0.19. 2,092,279 shares changed hands during trading, an increase of 89% from the average session volume of 1,108,888 shares. The stock had previously closed at $0.20.

Separately, ValuEngine cut MoSys from a “buy” rating to a “hold” rating in a report on Friday, January 4th.

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The firm has a market capitalization of $8.52 million, a price-to-earnings ratio of 1.99 and a beta of 1.01. The company has a quick ratio of 2.00, a current ratio of 2.39 and a debt-to-equity ratio of 1.73.

MoSys (NASDAQ:MOSY) last released its quarterly earnings results on Wednesday, February 20th. The semiconductor producer reported $0.01 earnings per share for the quarter. The business had revenue of $3.45 million during the quarter. MoSys had a positive return on equity of 11.69% and a negative net margin of 15.79%.

An institutional investor recently raised its position in MoSys stock. Ingalls & Snyder LLC lifted its holdings in shares of MoSys Inc. (NASDAQ:MOSY) by 4,588.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,196,402 shares of the semiconductor producer’s stock after purchasing an additional 4,106,906 shares during the quarter. Ingalls & Snyder LLC owned about 9.79% of MoSys worth $698,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 12.47% of the company’s stock.

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MoSys Company Profile (NASDAQ:MOSY)

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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