Deswell Industries (DSWL, Financial) experienced a notable stock price increase of 5.58%, reaching $2.65 per share with a trading volume of 5,655 shares. The stock's turnover rate was 0.04% with a price fluctuation of 5.75%. Recent financial reports show Deswell Industries achieved a revenue of $35.18 million, a net profit of $6.19 million, and earnings per share of $0.39. The company's gross profit was $6.86 million, and its price-to-earnings ratio stood at 4.03. Currently, there are no institutional ratings of buy, hold, or sell for the stock.
Within the electronic components sector, which saw an overall decline of 0.73%, some related stocks like Microcloud Hologram Inc and Maris Tech Ltd showed significant gains. Deswell Industries specializes in manufacturing plastic parts and electronic components for various industries, including automotive and medical equipment, operating mainly through facilities in China.
