SemiLEDs (NASDAQ:LEDS) Shares Gap Up to $2.89

Shares of SemiLEDs Co. (NASDAQ:LEDS) gapped up prior to trading on Thursday . The stock had previously closed at $3.08, but opened at $2.89. SemiLEDs shares last traded at $2.67, with a volume of 9,464 shares.

The business has a fifty day moving average of $2.57 and a 200-day moving average of $3.07. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.09 and a quick ratio of 0.56.

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



About SemiLEDs (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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