SemiLEDs (NASDAQ:LEDS) gapped up before the market opened on Thursday . The stock had previously closed at $4.64, but opened at $4.60. SemiLEDs shares last traded at $4.35, with a volume of 998337 shares traded.
Separately, ValuEngine downgraded shares of SemiLEDs from a “buy” rating to a “hold” rating in a research report on Thursday, April 12th.
The company has a quick ratio of 0.61, a current ratio of 0.93 and a debt-to-equity ratio of 0.35.
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.