Is This Stock a Screaming Buy: Data I/O Corp. (NASDAQ:DAIO)

Equity Research firms currently have a positive stance on shares of Data I/O Corp. (NASDAQ:DAIO). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $2.64 on a short term basis.

At the time of writing, the stock was trading at $3.46. This represents a change from the opening price of 1.14%. In terms of performance, year to date, the stock is 38.10%. The monthly stock performance comes in at -2.25%. For the quarter, shares are performing at 32.32%. Weekly performance analysis shows the equity at 2.96%.

In taking a look at technical levels, shares are trading -0.09% away from the 50 day simple moving average and 29.03% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -12.41% away from it’s 52- week high and 70.44% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Data I/O Corp.’s RSI stands at 47.73. In looking at volatility levels, the shares saw weekly volatility of 1.69% and 2.81% over the past month.

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