Data I O (NASDAQ:DAIO) Price Target & New Coverage by R. F. Lafferty
In a report shared with investors today, R. F. Lafferty analysts has begun Data I O (NASDAQ:DAIO) coverage with “Buy” rating, and a $15.0 target.
Penbrook Management Llc had the largest stake with ownership of 465,090 shares as of Q2 2015 for 1.76% of the long Stock Exposure. Perritt Capital Management Inc is another notably bullish investment professional who is possessing 187,835 shares of Data I O or 0.16% of their long stock exposure. Further, Grt Capital Partners L.L.C. have 0.05% of their long stock exposure invested in the company for 67,150 shares. The North Carolina-based fund Bank Of America Corp De revealed it had acquired a stake worth about 0% of the investment professional’s stock portfolio in Data I O. The New York-based fund Bank Of New York Mellon Corp is also positive about the stock, possessing 39 shares or 0% of their long stock exposure.
Data I O (NASDAQ:DAIO) Profile
Data I/O Corporation provides programming and associated intellectual property management solutions. The Company’s solutions are used in the manufacturing of flash, microcontrollers and flash-memory-based intelligent devices. It designs, manufactures and sells programming systems used by designers and manufacturers of electronic products.
Data I O (NASDAQ:DAIO) traded up 1.50% on 7 February, hitting $11.48. A total of 11,393 shares of the company’s stock traded hands. This is down from average of 232,919 shares. Data I O has a 52 week low of $3.89 and a 52 week high of $13.48. The company has a market cap of $93.82M and a P/E ratio of 20.64.
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