Breaking: Bonso Electronics International Inc.’s Trend Up, Especially After Today’s Strong Session

Breaking: Bonso Electronics International Inc.'s Trend Up, Especially After Today's Strong Session

The stock of Bonso Electronics International Inc. (NASDAQ:BNSO) is a huge mover today! The stock closed at $2.24 during the last session. It is up 64.71% since April 20, 2016 and is uptrending. It has outperformed by 60.15% the S&P500.
The move comes after 8 months positive chart setup for the $11.24M company. It was reported on Nov, 22 by Barchart.com. We have $2.42 PT which if reached, will make NASDAQ:BNSO worth $899,200 more.

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.”

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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