DSP Group Inc. (DSPG) Soars 4.16% on March 10

Equities Staff  |

DSP Group Inc. (DSPG) had a good day on the market for Wednesday March 10 as shares jumped 4.16% to close at $15.54. About 89,997 shares traded hands on 1,405 trades for the day, compared with an average daily volume of n/a shares out of a total float of 23.6 million. After opening the trading day at $15.26, shares of DSP Group Inc. stayed within a range of $15.71 to $15.21.

With today's gains, DSP Group Inc. now has a market cap of $366.7 million. Shares of DSP Group Inc. have been trading within a range of $18.78 and $10.27 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

DSP Group Inc provides wireless chipset solutions for converged communications, delivering system solutions that combine semiconductors and software with reference designs. It provides a broad portfolio of wireless chipsets integrating DECT, Wi-Fi, PSTN and VoIP technologies with state-of-the-art application processors. It also enables converged voice, audio and data connectivity across diverse and enterprise consumer products, from cordless and VoIP phones to home gateways and connected multimedia screens. The company operates through three segments Home, Unified Communications and SmartVoice. The majority of the revenue is earned from the sale of wireless chipset solutions for converged communication at home.

DSP Group Inc. is based out of San Jose, CA and has some 340 employees. Its CEO is Ofer Elyakim.

For a complete fundamental analysis of DSP Group Inc., check out Equities.com’s Stock Valuation Analysis report for DSPG.

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DSP Group Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on DSP Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: DSPG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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