SemiLEDs Co. (NASDAQ:LEDS) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 137,576 shares, a decrease of 10.0% from the February 28th total of 152,913 shares. Based on an average trading volume of 13,819 shares, the short-interest ratio is currently 10.0 days.
Shares of SemiLEDs (NASDAQ:LEDS) traded up 2.68% on Monday, reaching $3.07. The company’s stock had a trading volume of 5,596 shares. The company’s market cap is $10.80 million. The company’s 50 day moving average price is $3.09 and its 200 day moving average price is $3.53. SemiLEDs has a 12-month low of $1.36 and a 12-month high of $11.35.
SemiLEDs (NASDAQ:LEDS) last posted its earnings results on Wednesday, April 12th. The semiconductor company reported ($0.32) earnings per share for the quarter. SemiLEDs had a negative return on equity of 51.40% and a negative net margin of 188.82%. The firm had revenue of $1.83 million for the quarter. Analysts forecast that SemiLEDs will post ($0.89) EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This piece of content was posted by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of international copyright legislation. The correct version of this piece of content can be accessed at https://www.com-unik.info/2017/05/15/semileds-co-leds-short-interest-down-10-0-in-march-updated-updated.html.
SemiLEDs 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.
What are top analysts saying about SemiLEDs Co.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for SemiLEDs Co. and related companies.