MoSys, Inc. (MOSY): The Clock Is Ticking

How do you judge Wall Street’s opinion of MOSY stock? You could look at price, sure. But that doesn’t tell the whole story. Short sellers are getting bullish about MoSys, Inc. (NASDAQ:MOSY) during the most recent two-week period. Looking at the sentiment indicator for the MOSY stock we see that the short-interest ratio is at 1 while the average analyst recommendations at 0 suggests selling these shares. Between January 15 and January 31, the total number of shorted shares amounted to 117.07 thousand shares. That was 19.16% less than the total of 144.82 thousand shares in the space of prior two weeks, which means more traders or funds betting that the stock will go up. Average daily volume for MoSys, Inc. at the January 31st settlement plunged to 634,237, as compared to 1,026,621 at the January 15th report. That brought days to cover 0% down from the 1 days to cover recorded at the prior short interest data release.

MoSys, Inc. (MOSY) will probably climb 376.19 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $1 price as 12-month high target. This represents a whopping 376.19 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $1, which represents a return potential of 376.19 percent when compared to the closing price of the stock of $0.21 on Wednesday, February 13. The lowest price target for the stock is $1 — slightly more than 376.19 percent from MOSY’s current share price.

The stock is currently hovering around the first support level of $0.19. Below this, the next support is placed in the zone of $0.16. Till the time, the MOSY stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 64.8 on daily chart, which may remain a cause for concern. If the price breaks below $0.16 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $0.23 mark may result into a pull-back move towards $0.24 level.

On 13th of February, MoSys, Inc. (NASDAQ:MOSY) shares ended higher after a volatile session. The shares accumulated 0.03 points or 15.8 percent at $0.21 with a heavy trade volume of 6.055 million shares. After opening the session at $0.185, the shares went as high as $0.22 and as low as $0.18, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $9.22 million and now has 43.09 million shares outstanding. MoSys, Inc. (MOSY) stock has gained 27.61 percent of market value in 21 trading days.

MOSY stock has a trailing 3-year beta of 1.07, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$3.62 a share in the trailing twelve months. The stock’s value has surged 28.68 percent year to date (YTD) against a decline of -81.86 percent in 12 month’s time. The company’s shares still trade -90.4 percent away from its 1-year high of $2.23 and 78.33 percent up from 52-week low of $0.12. The average consensus rating on the company is 0, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.

Shares of MoSys, Inc. (MOSY) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry MOSY operates in has an average P/E of 247.44. Its P/E ratio went as low as 0X and as high as 0 over the 5-year span. Further, it is sporting a 0.55 on the Price-to-Sales ratio. Compare this with the industry average P/S of 10.84. 55.8 percent is the gross profit margin for MoSys, Inc. and operating margin sits at -13 percent. Along with this, the net profit margin is -15.8 percent.

Let’s take a look at some insider activity at MoSys, Inc. (NASDAQ:MOSY) and see the pattern. The earliest insider trade took place on 12/07/2018. Lewis Daniel Lee gathered a total of 50 thousand shares of company at average share price of $0.19. The total for the purchase was set at $9.5 thousand. After this transaction, the CEO account balance stood at 50 thousand shares. The stock grew 10.53 percent since that insider purchase. On 12/03/2018, Newell Robert Y Iv, Director, purchased 50 thousand shares at a price per share of $0.22. This added 11 thousand shares to the insider’s fortune and the stock saw a -4.55 percent retreat in value since the news became public. This transaction left 60 thousand shares in the Director account.

On 06/15/2016, President and CEO Perham Leonard Charles performed a purchase transaction worth $5.66 thousand. This purchase at $3.8 each has added 1.49 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded -94.47 percent decrease since the transaction was reported. The insider now is left with 176.85 thousand shares remaining in the account. Eng Tommy, who performs the Director job, sold 2 thousand shares for $43.8 thousand. The disposal occurred on 06/08/2015 was priced at $21.9 per share. The share price plunged -99.04 percent since the reporting date. Eng Tommy now left with a stake of 0 thousand MOSY stock worth $0 thousand after the insider selling.