DSP Group Inc. (DSPG) experienced unusually high volume on Jan. 04, as the stock lost 8.26% to a closing price of $8.66. The stock saw 116,536 shares trade hands over the course of the day on 1,070 trades. Given that the stock’s average daily volume over the last month has been 43,011 shares a day, this represents a pretty substantial spike over the norm.
DSP Group Inc. has a P/B ratio of 1.3. It also has a P/E ratio of 49.7. The stock has traded between $12.17 and $8.02 over the last 52-weeks, its 50-day SMA is now $9.96, and its 200-day SMA $10.09.
DSP Group is a provider of wireless chipset solutions for converged communications. It provides wireless chipset solutions for converged communications, delivering system solutions that combine semiconductors and software with reference designs.
Headquartered in Los Altos, CA, DSP Group Inc. has 318 employees and is currently under the leadership of CEO Ofer Elyakim.
For a complete fundamental analysis analysis of DSP Group Inc., check out Equities.com’s Stock Valuation Analysis report for DSPG. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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