It has been another day of gains for the 4DS Memory Ltd (ASX: 4DS) share price.
In morning trade the shares of the developer of resistive random access memory are up 16% to 4.3 cents. This latest gain brings its month-to-date return to 72%.
Its shares have been on a tear since the release of a positive update last week.
Architectural changes made to its patented Interface Switching ReRAM improved read access time to such a degree that is now comparable to DRAM.
This news caught the eye of research firm TMT Analytics. Its analysts reiterated their buy rating and 12 cents price target on the company's shares last week.
Here's why one Motley Fool contributor recently picked it out as one of two small-cap tech shares to watch.