SemiLEDs (NASDAQ:LEDS) Stock Price Passes Above 200 Day Moving Average of $0.00

SemiLEDs Co. (NASDAQ:LEDS) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $2.26. SemiLEDs shares last traded at $2.17, with a volume of 9,730 shares.

The company has a quick ratio of 0.56, a current ratio of 1.09 and a debt-to-equity ratio of 1.88. The firm’s 50 day moving average is $2.65 and its 200 day moving average is $3.08.

SemiLEDs (NASDAQ:LEDS) last issued its earnings results on Wednesday, July 10th. The semiconductor company reported ($0.24) EPS for the quarter. SemiLEDs had a negative return on equity of 99.88% and a negative net margin of 60.58%. The firm had revenue of $1.75 million during the quarter.

SemiLEDs Company Profile (NASDAQ:LEDS)

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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