Data IO Reports Second Quarter 2024 Results
DAIO Stock | USD 2.88 0.02 0.69% |
About 62% of Data IO's investor base is looking to short. The analysis of overall sentiment of trading Data IO stock suggests that many investors are alarmed at this time. Data IO's investing sentiment overview a quick insight into current market opportunities from investing in Data IO. Many technical investors use Data IO stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Data |
Data IO Corporation , the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs
Read at businesswire.com
Data IO Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Data IO can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Data IO Fundamental Analysis
We analyze Data IO's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Data IO using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Data IO based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Data IO is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Data IO Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Data IO stock to make a market-neutral strategy. Peer analysis of Data IO could also be used in its relative valuation, which is a method of valuing Data IO by comparing valuation metrics with similar companies.
Peers
Data IO Related Equities
LPTH | LightPath Technologies | 14.95 | ||||
IEHC | Ieh Corp | 8.91 | ||||
OST | Ostin Technology | 5.88 | ||||
LGL | LGL | 3.53 | ||||
MTEK | Maris Tech | 1.38 | ||||
REFR | Research Frontiers | 0.55 | ||||
CTS | CTS | 0.27 | ||||
MPAD | Micropac Industries | 0.05 | ||||
MEI | Methode Electronics | 0.38 | ||||
BHE | Benchmark Electronics | 0.49 | ||||
SANM | Sanmina | 1.12 | ||||
PLXS | Plexus Corp | 1.38 | ||||
CPSH | Cps Technologies | 1.91 | ||||
OSIS | OSI Systems | 3.17 | ||||
IMTE | Integrated Media | 4.58 | ||||
SGMA | SigmaTron International | 10.46 |
Check out Data IO Hype Analysis, Data IO Correlation and Data IO Performance. To learn how to invest in Data Stock, please use our How to Invest in Data IO guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Data IO. If investors know Data will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Data IO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share (0.20) | Revenue Per Share 2.579 | Quarterly Revenue Growth (0.17) | Return On Assets (0.04) |
The market value of Data IO is measured differently than its book value, which is the value of Data that is recorded on the company's balance sheet. Investors also form their own opinion of Data IO's value that differs from its market value or its book value, called intrinsic value, which is Data IO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Data IO's market value can be influenced by many factors that don't directly affect Data IO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Data IO's value and its price as these two are different measures arrived at by different means. Investors typically determine if Data IO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data IO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.