Shares Of SemiLEDs Corporation (LEDS) Recently Pulled Back, Is It Ready To Climb?

SemiLEDs Corporation (LEDS) has seen some recent movement in the market and its stock closed at $3.5300 yesterday. Investors are starting to take interest of LEDS as the stock traded as high as $3.6800 and as low as $3.3900 in the previous market trading session.

SemiLEDs Corporation (LEDS) average trading volume is 360.93K. However, in the previous market trading session SemiLEDs Corporation (LEDS) exchanged 155,487 shares. The First downside support level on LEDS is $3.48 and the First upside resistance level on LEDS is $3.56. LEDS 50day moving average is $2.8589 and LEDS 200day moving average is $2.2173.

SemiLEDs Corporation (LEDS) recent performance has been indicated by the recent movement in LEDS stock. LEDS has performed 21.31% over the past month, LEDS has performed 82.27% over the past 3 months and LEDS has shown 14.98% over the past 365 days. SemiLEDs Corporation (LEDS) has a 52 week range of $1.0300 to $4.1000. SemiLEDs Corporation (LEDS) is trading 242.72% from its 52 week low and -13.90% from its 52 week high. SemiLEDs Corporation (LEDS) is indicating a 2.24% short float indicating the amount short in the float.

LEDS has 3.61M shares outstanding and 2.13M shares in the float. SemiLEDs Corporation (LEDS) at this time has a market cap of $12.78M and income of -1.70M. . The market cap of SemiLEDs Corporation (LEDS) at $12.78M signifies how many Investors own shares of LEDS and is calculated off the last price ($3.5300) of LEDS and the amount of shares outstanding (3.61M) with SemiLEDs Corporation (LEDS).

SemiLEDs Corporation (LEDS) has total cash (mrq) of 3.16M, total cash per share (mrq) of 0.84, total debt of LEDS remains at 8.51M and total debt/equity (mrq) is 348.75. . SemiLEDs Corporation (LEDS) operating cash flow (ttm) is -1.76M, LEDS leveraged free cash flow (ttm) is -2.01M.

LEDS is trading 13.39% above (bullish) its SMA20, 34.94% above (bullish) its SMA50 and 53.23% above (bullish) its SMA200.