Currently, there are 7.21M common shares owned by the public and among those 3.35M shares have been available to trade.
The company’s stock has a 5-day price change of 28.68% and 40.00% over the past three months. LEDS shares are trading 35.66% year to date (YTD), with the 12-month market performance up to 37.80% higher. It has a 12-month low price of $0.92 and touched a high of $2.29 over the same period. LEDS has an average intraday trading volume of 272.16K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 25.29%, 30.39%, and 29.14% respectively.
Institutional ownership of Semileds Corp (NASDAQ: LEDS) shares accounts for 1.12% of the company’s 7.21M shares outstanding.
It has a market capitalization of $12.62M and a beta (3y monthly) value of 1.09. The earnings-per-share (ttm) stands at -$0.31. Price movements for the stock have been influenced by the stock’s volatility, which stands at 23.82% over the week and 11.49% over the month.
Looking at the support for the LEDS, a number of firms have released research notes about the stock. Canaccord Genuity stated their Hold rating for the stock in a research note on July 08, 2011, with the firm’s price target at $11-$6. Canaccord Genuity coverage for the Semileds Corp (LEDS) stock in a research note released on April 13, 2011 offered a Hold rating with a price target of $11. Barclays Capital was of a view on April 06, 2011 that the stock is Equal Weight, while Canaccord Genuity gave the stock Buy rating on January 19, 2011, issuing a price target of $23. Barclays Capital on their part issued Equal Weight rating on January 18, 2011.
