O2Micro International (OIIM) Stock Rating Lowered by TheStreet

O2Micro International (NASDAQ:OIIM) was downgraded by investment analysts at TheStreet from a “c” rating to a “d+” rating in a note issued to investors on Thursday, TheStreetRatingsTable reports.

Separately, ValuEngine raised O2Micro International from a “sell” rating to a “hold” rating in a report on Saturday, February 2nd.

Shares of NASDAQ:OIIM opened at $1.43 on Thursday. The firm has a market cap of $36.64 million, a PE ratio of 15.85 and a beta of 0.69. O2Micro International has a 1 year low of $1.29 and a 1 year high of $2.40.

O2Micro International (NASDAQ:OIIM) last announced its quarterly earnings results on Wednesday, May 1st. The electronics maker reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.01). The business had revenue of $12.76 million for the quarter, compared to the consensus estimate of $12.80 million. O2Micro International had a net margin of 3.33% and a return on equity of 2.91%. On average, analysts predict that O2Micro International will post -0.39 EPS for the current year.

An institutional investor recently raised its position in O2Micro International stock. Essex Investment Management Co. LLC increased its holdings in shares of O2Micro International Limited (NASDAQ:OIIM) by 195.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 172,837 shares of the electronics maker’s stock after purchasing an additional 114,265 shares during the quarter. Essex Investment Management Co. LLC owned 0.67% of O2Micro International worth $261,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 41.02% of the company’s stock.

O2Micro International Company 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.

Further Reading: What is the Dividend Aristocrat Index?

Receive News & Ratings for O2Micro International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O2Micro International and related companies with MarketBeat.com's FREE daily email newsletter.