Semileds Corp [LEDS] Stock trading around $1.61 per share: What’s Next?

Semileds Corp [NASDAQ: LEDS] gained 35.29% on the last trading session, reaching $1.61 price per share at the time.

If compared to the average trading volume of 30.25K shares, LEDS reached a trading volume of 9728489 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Semileds Corp [LEDS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LEDS shares is $30.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LEDS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Canaccord Genuity have made an estimate for Semileds Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 08, 2011. The new note on the price target was released on April 13, 2011, representing the official price target for Semileds Corp stock. Previously, the target price had yet another drop from $20 to $14, while Barclays Capital kept a Equal Weight rating on LEDS stock.

The Average True Range (ATR) for Semileds Corp is set at 0.12, with the Price to Sales ratio for LEDS stock in the period of the last 12 months amounting to 2.26. The Price to Book ratio for the last quarter was 4.27, with the Price to Cash per share for the same quarter was set at 0.24.

Trading performance analysis for LEDS stock

Semileds Corp [LEDS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 36.44. With this latest performance, LEDS shares gained by 28.18% in over the last four-week period, additionally plugging by 15.83% over the last 6 months – not to mention a rise of 38.20% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LEDS stock in for the last two-week period is set at 72.53, with the RSI for the last a single of trading hit 79.30, and the three-weeks RSI is set at 67.25 for Semileds Corp [LEDS]. The present Moving Average for the last 50 days of trading for this stock 1.2467, while it was recorded at 1.2344 for the last single week of trading, and 1.3837 for the last 200 days.

Semileds Corp [LEDS]: A deeper dive into fundamental analysis

Semileds Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.94.

Semileds Corp [LEDS]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LEDS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Semileds Corp go to 50.00%.

An analysis of Institutional ownership at Semileds Corp [LEDS]

There are presently around $0.85%, or 1.82%% of LEDS stock, in the hands of institutional investors. The top three institutional holders of LEDS stocks are: SCHONFELD STRATEGIC ADVISORS LLC with ownership of 18600.0 shares, which is approximately 0.3792%. RENAISSANCE TECHNOLOGIES LLC, holding 12300.0 shares of the stock with an approximate value of $$15744.0 in LEDS stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$768.0 in LEDS stock with ownership which is approximately 0.0122%.