The stock of Bonso Electronics International Inc. (NASDAQ:BNSO) is a huge mover today! About 641,295 shares traded hands or 112.86% up from the average. Bonso Electronics International Inc. (NASDAQ:BNSO) has risen 99.25% since April 18, 2016 and is uptrending. It has outperformed by 94.82% the S&P500.
The move comes after 8 months negative chart setup for the $18.12M company. It was reported on Nov, 18 by Barchart.com. We have $1.91 PT which if reached, will make NASDAQ:BNSO worth $2.36M less.
According to Zacks Investment Research, “Bonso Electronics International is engaged in the design, development, manufacture and marketing of a wide range of electronic weighing scales and balances, as well as electronic health care products and wireless telcommunications devices. While innovative design and the use of the latest production technology are crucial in the success of Bonso products, it is through superior product quality that Bonso gains the confidence and loyalty of its customers.”
Another recent and important Bonso Electronics International Inc. (NASDAQ:BNSO) news was published by Globenewswire.com which published an article titled: “Bonso Electronics Reports Year End Results” on August 22, 2016.
BNSO Company Profile
Bonso Electronics International Inc., incorporated on August 8, 1988, designs, develops, produces and sells electronic sensor and wireless products for private label original equipment manufacturers (OEMs), original brand manufacturers (OBMs) and original design manufacturers (ODMs). The Firm operates through three divisions: Scales, Pet Electronics Products and Others. The Scales segment is engaged in the production and marketing of sensor scales products. These include office, jewelry, laboratory, postal and industrial scales that are used in consumer, commercial and industrial applications. The Pet Electronics Products segment is involved in the development and production of pet-related electronics products that are used in consumer applications. The Others segment is a residual, which includes the activities of tooling and mold charges for scales and pet electronics products, and sales of scrap materials.
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