Royce & Associates LP maintained its position in shares of MoSys Inc. (NASDAQ:MOSY) during the second quarter, Holdings Channel reports. The fund owned 684,275 shares of the company’s stock at the end of the second quarter. Royce & Associates LP owned about 1.04% of MoSys worth $277,000 as of its most recent filing with the SEC.
MoSys Inc. (NASDAQ:MOSY) traded up 1.33% during mid-day trading on Friday, hitting $0.76. The company had a trading volume of 24,338 shares. The company’s market capitalization is $50.15 million. MoSys Inc. has a 52 week low of $0.30 and a 52 week high of $1.66. The firm’s 50 day moving average is $0.73 and its 200 day moving average is $0.57.
MoSys (NASDAQ:MOSY) last posted its quarterly earnings data on Friday, July 29th. The company reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.01. MoSys had a negative net margin of 516.83% and a negative return on equity of 68.51%. The company had revenue of $1.60 million for the quarter, compared to the consensus estimate of $1.79 million. During the same period last year, the business earned ($0.09) EPS. The firm’s quarterly revenue was up 60.0% on a year-over-year basis. On average, equities research analysts predict that MoSys Inc. will post ($0.28) EPS for the current year.
Separately, Zacks Investment Research lowered MoSys from a “hold” rating to a “sell” rating in a research note on Tuesday, June 28th.
MoSys, Inc (MoSys), together with its subsidiaries, is a fabless semiconductor company focused on the development and sale of integrated circuits (ICs) for the high-speed networking, communications, storage and computing markets. The Company has developed approximately two IC product lines under the Bandwidth Engine and LineSpeed product names.
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