SemiLEDS Corporation (LEDS) Earning Somewhat Favorable News Coverage, Report Shows
News headlines about SemiLEDS Corporation (NASDAQ:LEDS) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. SemiLEDS Corporation earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 46.6648244268042 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, ValuEngine lowered SemiLEDS Corporation from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th.
Shares of SemiLEDS Corporation (NASDAQ:LEDS) traded down 0.88% during midday trading on Friday, hitting $2.26. The company had a trading volume of 36,883 shares. SemiLEDS Corporation has a 52 week low of $1.61 and a 52 week high of $5.97. The company’s market capitalization is $8.01 million. The firm’s 50 day moving average is $1.99 and its 200 day moving average is $2.48.
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SemiLEDS Corporation Company Profile
SemiLEDs Corporation develops, manufactures and sells light emitting diode (LED) chips and LED components. The Company’s products are used primarily for general lighting applications, including street lights and commercial, industrial and residential lighting. Its LED chips may also be used in specialty industrial applications, such as ultraviolet (UV), curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting.
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