SemiLEDs (NASDAQ:LEDS) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Posted by ABMN Staff on Mar 27th, 2025

SemiLEDs Co. (NASDAQ:LEDS – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.44 and traded as high as $2.38. SemiLEDs shares last traded at $2.29, with a volume of 51,098 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on SemiLEDs in a research report on Thursday. They issued a “sell” rating for the company.

View Our Latest Analysis on LEDS

SemiLEDs Price Performance

The company has a quick ratio of 0.25, a current ratio of 0.77 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $16.52 million, a price-to-earnings ratio of -6.94 and a beta of 1.18. The company has a fifty day moving average price of $1.73 and a two-hundred day moving average price of $1.44.

SemiLEDs (NASDAQ:LEDS – Get Free Report) last announced its earnings results on Friday, January 10th. The semiconductor company reported ($0.08) earnings per share for the quarter. SemiLEDs had a negative return on equity of 81.97% and a negative net margin of 41.41%.

Hedge Funds Weigh In On SemiLEDs

A hedge fund recently bought a new stake in SemiLEDs stock. Garden State Investment Advisory Services LLC bought a new position in shares of SemiLEDs Co. (NASDAQ:LEDS – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 377,201 shares of the semiconductor company’s stock, valued at approximately $443,000. Garden State Investment Advisory Services LLC owned approximately 5.23% of SemiLEDs as of its most recent filing with the Securities and Exchange Commission (SEC). 76.29% of the stock is currently owned by institutional investors.

About SemiLEDs

(Get Free Report)

SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, and internationally. The company also sells enhanced vertical, LED product series in blue, white, green, and UV; LED chips to packagers or distributors; and lighting products primarily to original design manufacturers of lighting products and the end-users of lighting devices, as well as packs and sells its LED chips.