NeoMagic Corp. (OTCMKTS:NMGC – Get Free Report) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 9,910 shares, an increase of ? from the April 15th total of 0 shares. Based on an average trading volume of 7,536 shares, the short-interest ratio is currently 1.3 days.
NeoMagic Price Performance
OTCMKTS:NMGC remained flat at $0.01 during trading hours on Monday. The stock has a fifty day moving average of $0.01 and a 200-day moving average of $0.01. NeoMagic has a 1-year low of $0.01 and a 1-year high of $0.02.
NeoMagic Company Profile
NeoMagic Corporation (OTCMKTS:NMGC) is a fabless semiconductor company headquartered in Saratoga, California, that designs, develops and licenses integrated circuits for low-power multimedia and display applications. Leveraging third-party foundries for manufacturing, NeoMagic’s product portfolio includes system-on-a-chip solutions for portable devices, touchscreen and fingerprint sensor controllers, as well as display interface and video processing IP cores. The company’s technology aims to deliver energy-efficient performance for smartphones, tablets, IoT devices and other embedded applications.
Founded in the mid-1990s, NeoMagic first gained recognition with its MagicMedia graphics and multimedia chips, which were widely adopted by notebook computer manufacturers seeking reduced power consumption and compact form factors.
Featured Articles
- Five stocks we like better than NeoMagic
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Receive News & Ratings for NeoMagic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NeoMagic and related companies with MarketBeat.com's FREE daily email newsletter.
