Shares of Bonso Electronics International Inc. (NASDAQ:BNSO) gapped down before the market opened on Tuesday . The stock had previously closed at $6.01, but opened at $4.80. Bonso Electronics International shares last traded at $5.38, with a volume of 300 shares changing hands.
The firm has a 50 day moving average of $6.16.
A hedge fund recently raised its stake in Bonso Electronics International stock. Renaissance Technologies LLC raised its position in Bonso Electronics International Inc. (NASDAQ:BNSO) by 7.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 161,600 shares of the company’s stock after purchasing an additional 11,700 shares during the period. Renaissance Technologies LLC owned about 2.77% of Bonso Electronics International worth $1,243,000 at the end of the most recent reporting period. 2.58% of the stock is currently owned by institutional investors and hedge funds.
Bonso Electronics International Inc designs, develops, produces, and sells electronic sensor-based and wireless products. The company operates in four segments: Scales, Pet Electronic Products, Rental and Management, and Others. The Scales segment provides sensor-based scales products that include bathroom, kitchen, office, jewelry, laboratory, postal, and industrial scales for consumer, commercial, and industrial applications.
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