SemiLEDs Corporation (NASDAQ:LEDS) currently has a daily average trading volume of 145.99K but it saw 8272410 shares traded on Thursday. With a market cap of 14.80M USD, stock’s current market price of $2.93 came rising about 44.33 while comparing to the previous closing price of $2.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.28 and as low as $1.49. In the recent trading on the day, stock has struck highest price mark of $3.47 while lowest mark touched by it was $2.06.
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Taking a look at 20-day trading activity of SemiLEDs Corporation (LEDS) gives us an average price of $2.04, while its current price level is -31.54% below from 52-week high level whereas it is 96.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.06 while that of 200 days or SMA-200 reads an average of $2.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.79% during that period while stretching the period over a month that decreases to 9.73%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 74.96 which implies that the stock is in overbought territory.
SemiLEDs Corporation (LEDS)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $30.00 and $30.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $30.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $30.00. Average price target assigned by them is $30.00 which highlights an upside potential of 90.23% for the stock over that period. And to attain the median price target of $30.00 assigned by those analysts, stock has to add about 90.23% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold.
Over the week, LEDS’s stock price is moving 36.28% up while it is 62.78% when we observe its performance for the past one month. Year-to-date it is 83.13% up and over the past year, the stock is showing an upside performance of 28.51%.
The company is expected to be releasing its next quarterly report in 07/12/2023, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0.
Currently, SemiLEDs Corporation’s total number of outstanding shares is 4.87M with 34.29% of that held by the insiders while 1.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -30.50% and return on equity (ROE) at -99.10%. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 5.43 while price to sale or P/S ratio amounts to 2.35. Its return on asset (ROA) is -19.60% on average.
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