Data IO Reports Second Quarter 2024 Results

DAIO Stock  USD 2.68  0.01  0.37%   
About 61% 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 IO Corporation , the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs

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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.

Cash Flow From Operations

Cash Flow From Operations Comparative Analysis

Data IO is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

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

OSTOstin Technology   14.29   
0%
100.0%
IEHCIeh Corp   11.11   
0%
77.0%
SGMASigmaTron International   2.94   
0%
20.0%
MEIMethode Electronics   1.77   
0%
12.0%
OSISOSI Systems   1.66   
0%
11.0%
CPSHCps Technologies   1.32   
0%
9.0%
PLXSPlexus Corp   1.28   
0%
8.0%
CTSCTS   1.07   
0%
7.0%
SANMSanmina   0.94   
0%
6.0%
BHEBenchmark Electronics   0.92   
0%
6.0%
LPTHLightPath Technologies   0.61   
0%
4.0%
REFRResearch Frontiers   0.52   
0%
3.0%
MPADMicropac Industries   0.05   
0%
1.0%
LGLLGL   0.85   
5.0%
0%
IMTEIntegrated Media   4.72   
33.0%
0%
MTEKMaris Tech   5.41   
37.0%
0%
When determining whether Data IO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Data IO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Data Io Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Data Io Stock:
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.