SemiLEDs (LEDS) Sees Large Volume Increase
SemiLEDs Co. (NASDAQ:LEDS) saw unusually-strong trading volume on Thursday . Approximately 7,919,900 shares traded hands during mid-day trading, an increase of 401% from the previous session’s volume of 1,581,514 shares.The stock last traded at $6.55 and had previously closed at $3.82.
The company has a market cap of $23.21, a price-to-earnings ratio of -5.65 and a beta of 2.63. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.08 and a quick ratio of 0.68.
SemiLEDs (NASDAQ:LEDS) last released its earnings results on Wednesday, January 10th. The semiconductor company reported ($0.11) earnings per share (EPS) for the quarter. The firm had revenue of $2.00 million during the quarter. SemiLEDs had a negative return on equity of 39.66% and a negative net margin of 44.40%.
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.
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.