SemiLEDS Corporation (NASDAQ:LEDS – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $1.98 and traded as high as $2.01. SemiLEDS shares last traded at $2.0090, with a volume of 2,438 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SemiLEDS in a report on Monday, August 3rd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, SemiLEDS presently has an average rating of “Sell”.
Get Our Latest Analysis on SemiLEDS
SemiLEDS Stock Up 4.1%
The stock has a market capitalization of $16.62 million, a PE ratio of -15.45 and a beta of 1.49. The firm’s fifty day moving average is $2.12 and its 200-day moving average is $1.98. The company has a quick ratio of 0.68, a current ratio of 1.03 and a debt-to-equity ratio of 0.03.
About SemiLEDS
SemiLEDs Corporation (NASDAQ: LEDS) is a Taiwan-based semiconductor company that develops, manufactures and sells light-emitting diode (LED) chips and LED components. Its products are designed for applications that require solid-state lighting and optoelectronic performance.
The company’s product portfolio has included high-brightness LED chips and related components, with offerings intended for general illumination, specialty lighting, automotive lighting, displays and other applications.
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