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 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.
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.