Essex Investment Management Co. LLC increased its position in O2Micro International Limited (NASDAQ:OIIM) by 195.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 172,837 shares of the electronics maker’s stock after buying an additional 114,265 shares during the quarter. Essex Investment Management Co. LLC’s holdings in O2Micro International were worth $261,000 as of its most recent SEC filing.
Shares of OIIM stock opened at $1.59 on Friday. The firm has a market capitalization of $40.06 million, a PE ratio of 17.67 and a beta of 0.82. O2Micro International Limited has a twelve month low of $1.30 and a twelve month high of $2.40.
O2Micro International (NASDAQ:OIIM) last announced its earnings results on Wednesday, January 30th. The electronics maker reported ($0.06) earnings per share for the quarter, meeting the consensus estimate of ($0.06). The business had revenue of $16.59 million during the quarter, compared to the consensus estimate of $16.80 million. O2Micro International had a net margin of 3.33% and a return on equity of 2.91%. As a group, analysts anticipate that O2Micro International Limited will post -0.25 EPS for the current fiscal year.
Separately, ValuEngine upgraded shares of O2Micro International from a “sell” rating to a “hold” rating in a research note on Saturday, February 2nd.
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O2Micro International Profile
O2Micro International Limited, together with its subsidiaries, designs, develops, and markets integrated circuits and solutions for power management components and systems in China, Japan, Taiwan, Korea, Singapore, and internationally. The company provides analog and mixed-signal integrated circuits that manage and provide LCD and LED lighting; control and monitor battery charging and discharging in portable electronic devices and vehicles; perform DC/DC and AC/DC conversion; and provide select and switch functionality between power sources.
See Also: Hedge Funds
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