SemiLEDs Corporation (LEDS) Stock: Here’s Why It’s Climbing

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SemiLEDs Corporation (LEDS) is making a move up in the market today. The company, one that is focused in the technology space, is presently trading at $3.90 after gaining -2.26% so far in today’s session. In terms of technology companies, there are several aspects that have the potential to cause price movement in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines relating to LEDS:

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Mar-07-19 01:14PM What Type Of Shareholder Owns SemiLEDs Corporations (NASDAQ:LEDS)?
Jan-10-19 04:01PM SemiLEDs Reports First Quarter Fiscal Year 2019 Financial Results
Jan-07-19 04:01PM SemiLEDs to Announce Fiscal First Quarter 2019 Financial Results on Thursday, January 10, 2019
Dec-21-18 05:02AM TSLC Launches its MiniLED Series Targeting Fine-Pitch Display Markets
Dec-06-18 06:02AM TSLC Launches its High Power UVC Product lines for Sterilization and Aseptic Markets

Nonetheless, when making a decision with regard to investing, prospective investors should look at much more than just news, this is especially the case in the ever evolving technology sector. Here’s what’s happening in regard to SemiLEDs Corporation.

What We’ve Seen From LEDS

Although a move up on a single session, like the move that we’re seeing from SemiLEDs Corporation might lead to excitement in some investors, that by itself should not be the basis of a decision to, or not to, invest in a stock. It’s always important to look at trends experienced by the stock beyond a single session. As it relates to LEDS, below are the trends that we have seen:

  • Past 5 Trading Sessions – In the past week, LEDS has seen a change in price in the amount of 5.98%.
  • Past Month – The monthly ROI from SemiLEDs Corporation works out to 27.45%.
  • Past Three Months – In the last 3 months, the company has generated a ROI of 21.88%
  • Bi-Annually – Throughout the last 6 months, we have seen a performance of -3.70% from the company.
  • YTD – Since the the last trading session of last year LEDS has generated a return on investment of 44.44%.
  • Annually – Finally, over the last year, investors have seen movement that works out to -9.30% out of LEDS. In this period, the stock has sold at a high of -55.43% and a low price of 58.54%.

Ratios Of Note

Digging into various ratios having to do with a company can give prospective traders a view of just how risky and/or rewarding a stock pick might be. Below are a few of the key ratios to look at when digging into LEDS.

Short Ratio – The short ratio is a measure of short interest. As the short ratio climbs, it shows that more investors are expecting that the stock is going to go down. Throughout the sector, strong technology stocks can come with a lower short ratio. However, we tend to see a lot of short squeezes in the sector. Nonetheless, in regard to SemiLEDs Corporation, the stock’s short ratio amounts to 1.30.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts when they mature with only quick assets or current assets. In the tech industry, many companies are heavily reliant on continued support from investors as they work to bring new technologies to market, the current and quick ratios can be upsetting. However, several good picks in the tech sector do have strong current and quick ratios. When it comes to LEDS, the quick and current ratios come to 0.40 and 0.80 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets owned by the company. In this particular case, the book to share value ratio works out to 1.18.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of shares. In this case, the cash to share value ratio is 0.71.

What Institutions And Insiders Think Of SemiLEDs Corporation

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in LEDS, here’s what we’re seeing:

  • Institutions – Currently, institutions hold 2.00% of LEDS. However, it is important to note that the ownership held by institutions has seen a move in the amount of 115.38% in the past 3 months.
  • Insider Holdings – As far as insiders go, insiders of the company currently hold 75.91% of SemiLEDs Corporation. Insider ownership of the company has changed in the amount of 0.00% over the past 3 months.

Analyst Opinions Of SemiLEDs Corporation

While it’s not a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their opinions when validating your own before making an investment decision in the tech space. Here are the most recent moves that we’ve seen from analysts as it relates to LEDS.

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Jul-08-11 Reiterated Canaccord Genuity Hold $11 → $6
Apr-13-11 Downgrade Canaccord Genuity Buy → Hold $11
Apr-06-11 Reiterated Barclays Capital Equal Weight $20 → $14
Jan-19-11 Initiated Canaccord Genuity Buy $23
Jan-18-11 Initiated Barclays Capital Equal Weight $20

Financial Performance

What have ween seen from LEDS in terms of financial results?Here’s the information:

  • Analyst Expectations – As it stands, Wall Street analysts have expectations that the company will generate EPS of 0, with 0 to be reported in the earnings announcement for the current quarter. Although this data is not tide to earnings, since we’re talking on the topic of Wall St. analysts, LEDS is presently graded as a 0 considering a scale that ranges from 1 to 5 on which 1 is the worst possible Wall St. analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Over the last half decade, SemiLEDs Corporation has created a movement in sales volume that adds up to -16.00%. Earnings per share over the period have generated movement in the amount of 44.40%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is often referred to as in the world of humans, the company has experienced a change in earnings that amounts to -148.40%. The company has also experienced a change with regard to sales that adds up to -50.00%.

What’s The Float Looking Like?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 3.64M shares of SemiLEDs Corporation outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, LEDS has a float of 0.86M.

I also find it important to follow the short float. After all, if a high percentage of the float available for trading is sold short, the overall feeling among investors is that the stock is going to fall. With regard to LEDS, the percentage of the float that is sold short comes to a total of 17.65%. In general, concerning short percent of the float is anything over 40%. Through my work, I have seen that any short percent of the float over 26% is generally a risky play.

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