SemiLEDs Co. (NASDAQ:LEDS – Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 4,000 shares, an increase of 344.4% from the May 31st total of 900 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 28,200 shares, the short-interest ratio is currently 0.1 days.
SemiLEDs Stock Down 0.8 %
Shares of NASDAQ:LEDS traded down $0.01 during midday trading on Thursday, reaching $1.21. 9,232 shares of the company were exchanged, compared to its average volume of 43,825. The firm has a market cap of $8.69 million, a PE ratio of -2.16 and a beta of 1.04. SemiLEDs has a fifty-two week low of $1.01 and a fifty-two week high of $2.75. The stock has a fifty day simple moving average of $1.42 and a two-hundred day simple moving average of $1.44. The company has a quick ratio of 0.40, a current ratio of 0.97 and a debt-to-equity ratio of 0.36.
SemiLEDs (NASDAQ:LEDS – Get Free Report) last released its earnings results on Wednesday, April 3rd. The semiconductor company reported ($0.11) earnings per share (EPS) for the quarter. The firm had revenue of $0.89 million for the quarter. SemiLEDs had a negative return on equity of 158.17% and a negative net margin of 49.29%.
Analysts Set New Price Targets
View Our Latest Analysis on LEDS
SemiLEDs Company Profile
SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, and internationally. The company also sells enhanced vertical, LED product series in blue, white, green, and UV; LED chips to packagers or distributors; and lighting products primarily to original design manufacturers of lighting products and the end-users of lighting devices, as well as packs and sells its LED chips.
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