SemiLEDs (LEDS) Trading 0% Higher

SemiLEDs (NASDAQ:LEDS)’s share price traded up 0% on Monday . The stock traded as high as $5.08 and last traded at $4.61. 534,766 shares changed hands during mid-day trading, an increase of 25% from the average session volume of 428,258 shares. The stock had previously closed at $4.61.

Separately, ValuEngine cut SemiLEDs from a “buy” rating to a “hold” rating in a report on Thursday, April 12th.

The company has a current ratio of 0.93, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35.

SemiLEDs (NASDAQ:LEDS) last announced its quarterly earnings data on Thursday, April 12th. The semiconductor company reported ($0.32) earnings per share for the quarter. The company had revenue of $1.54 million during the quarter. SemiLEDs had a negative net margin of 45.98% and a negative return on equity of 45.07%.

SemiLEDs Company Profile

SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips and LED components in the United States, Taiwan, the Netherlands, France, China, Germany, Hong Kong, and internationally. The company's products are used for general lighting applications, including street lights and commercial, industrial, system and residential lighting.

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