SemiLEDs (NASDAQ:LEDS) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Mar 12th, 2025

SemiLEDs Co. (NASDAQ:LEDS – Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.39 and traded as high as $1.80. SemiLEDs shares last traded at $1.67, with a volume of 14,302 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on SemiLEDs in a research report on Tuesday. They set a “sell” rating for the company.

View Our Latest Stock Report on SemiLEDs

SemiLEDs Stock Performance

The firm has a market capitalization of $12.40 million, a PE ratio of -5.21 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.25 and a current ratio of 0.77. The business’s fifty day simple moving average is $1.60 and its 200-day simple moving average is $1.39.

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

Institutional Investors Weigh In On SemiLEDs

An institutional investor recently raised its position in SemiLEDs stock. Renaissance Technologies LLC grew its position in SemiLEDs Co. (NASDAQ:LEDS – Free Report) by 212.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,716 shares of the semiconductor company’s stock after acquiring an additional 27,016 shares during the quarter. Renaissance Technologies LLC owned 0.55% of SemiLEDs worth $51,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 76.29% of the company’s stock.

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.