SemiLEDs (LEDS) Reaches $2.21 After 7.00% Up Move; Last Week Viavi Solutions (VIAV) Analysts

July 18, 2017 - By Stephen Andrade

The stock of SemiLEDs Corporation (NASDAQ:LEDS) is a huge mover today! About 69,098 shares traded or 311.64% up from the average. SemiLEDs Corporation (NASDAQ:LEDS) has risen 84.21% since July 18, 2016 and is uptrending. It has outperformed by 67.51% the S&P500.The move comes after 7 months positive chart setup for the $7.58M company. It was reported on Jul, 18 by Barchart.com. We have $2.36 PT which if reached, will make NASDAQ:LEDS worth $530,600 more.

Among 7 analysts covering Viavi Solutions Inc (NASDAQ:VIAV), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Viavi Solutions Inc had 13 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, August 14, the company rating was reinitiated by William Blair. The company was maintained on Monday, June 6 by M Partners. UBS initiated it with “Buy” rating and $7.50 target in Thursday, August 13 report. The stock has “Overweight” rating by JP Morgan on Tuesday, October 11. The stock of Viavi Solutions Inc (NASDAQ:VIAV) earned “Outperform” rating by RBC Capital Markets on Monday, August 10. Jefferies maintained the stock with “Hold” rating in Friday, August 14 report. The firm has “Buy” rating by B. Riley & Co given on Wednesday, August 5. The rating was downgraded by Craig Hallum to “Hold” on Wednesday, August 12. The rating was downgraded by Craig-Hallum to “Buy” on Wednesday, August 12. See Viavi Solutions Inc (NASDAQ:VIAV) latest ratings:

Viavi Solutions Inc. is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems. The company has market cap of $2.48 billion. The Firm also offers thin film optical coatings, providing light management solutions to anti-counterfeiting, consumer and industrial, government and healthcare and other markets. It has a 29.02 P/E ratio. The Company’s divisions include Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP).

About 1.02M shares traded. Viavi Solutions Inc (NASDAQ:VIAV) has risen 77.76% since July 18, 2016 and is uptrending. It has outperformed by 61.06% the S&P500.

SemiLEDs Corporation develops, manufactures and sells light emitting diode chips and LED components. The company has market cap of $7.58 million. The Company’s products are used primarily for general lighting applications, including street lights and commercial, industrial and residential lighting. It currently has negative earnings. The Company’s LED chips may also be used in specialty industrial applications, such as ultraviolet (UV), curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting.

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