SemiLEDS Corporation (NASDAQ:LEDS – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 2,296 shares, a decline of 73.5% from the May 14th total of 8,650 shares. Based on an average daily volume of 46,232 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.
SemiLEDS Price Performance
Shares of LEDS stock traded up $0.08 during trading hours on Friday, hitting $1.90. The stock had a trading volume of 25,896 shares, compared to its average volume of 46,197. SemiLEDS has a one year low of $1.01 and a one year high of $3.37. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.91 and a quick ratio of 0.55. The stock’s 50-day moving average price is $1.79 and its two-hundred day moving average price is $1.72. The stock has a market capitalization of $15.69 million, a price-to-earnings ratio of -6.79 and a beta of 1.59.
SemiLEDS (NASDAQ:LEDS – Get Free Report) last issued its quarterly earnings data on Tuesday, April 14th. The semiconductor company reported ($0.07) earnings per share for the quarter. SemiLEDS had a negative return on equity of 89.53% and a negative net margin of 6.71%.The company had revenue of $1.06 million for the quarter.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on LEDS
About SemiLEDS
SemiLEDS Corp. is a developer and manufacturer of high-performance light‐emitting diode (LED) solutions serving a range of commercial, industrial and specialty markets. The company designs, packages and sells both white and ultraviolet LED products that are used in applications such as general illumination, horticultural lighting, architectural accent lighting and specialty curing or sterilization processes. SemiLEDS’ product portfolio encompasses single‐die high‐power LEDs, multi‐chip arrays and custom modules tailored to specific customer requirements.
Leveraging in‐house research and development capabilities, SemiLEDS focuses on delivering advanced thermal management, high luminous efficacy and long operational lifetimes in its LED offerings.
Further Reading
- Five stocks we like better than SemiLEDS
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for SemiLEDS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SemiLEDS and related companies with MarketBeat.com's FREE daily email newsletter.
