SemiLEDs Co. (NASDAQ:LEDS – Get Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a decrease of 61.5% from the February 29th total of 1,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 56,800 shares, the days-to-cover ratio is presently 0.0 days.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on SemiLEDs in a report on Sunday. They issued a “sell” rating for the company.
View Our Latest Stock Report on SemiLEDs
Institutional Inflows and Outflows
SemiLEDs Price Performance
SemiLEDs stock traded up $0.02 during trading on Thursday, reaching $1.46. The company had a trading volume of 6,000 shares, compared to its average volume of 59,195. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.35 and a current ratio of 0.74. The firm’s 50-day simple moving average is $1.45 and its 200 day simple moving average is $1.44. The firm has a market capitalization of $7.26 million, a PE ratio of -2.61 and a beta of 1.09. SemiLEDs has a 1-year low of $1.01 and a 1-year high of $3.47.
SemiLEDs (NASDAQ:LEDS – Get Free Report) last released its earnings results on Friday, January 12th. The semiconductor company reported ($0.12) EPS for the quarter. The company had revenue of $1.65 million for the quarter. SemiLEDs had a negative return on equity of 166.93% and a negative net margin of 46.78%.
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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