Semilux International (NASDAQ:SELX) Shares Down 1% – Here’s Why

Semilux International Ltd. (NASDAQ:SELX) was down 1% on Wednesday . The stock traded as low as $0.4501 and last traded at $0.4950. Approximately 2,138 shares changed hands during trading, a decline of 82% from the average daily volume of 11,602 shares. The stock had previously closed at $0.50.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Semilux International in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Semilux International has an average rating of “Sell”.

Semilux International Price Performance

The company has a current ratio of 1.59, a quick ratio of 1.47 and a debt-to-equity ratio of 0.31. The company has a fifty day simple moving average of $0.69 and a 200-day simple moving average of $0.79.

Semilux International Company Profile

Semilux International Ltd., an optical technology company, designs and produces optics and fluorescent modules. It offers laser lights modules and related optical components use in commercial projectors, car lights, and optical sensors; laser lights module consists of laser diodes and fluorescent chips; color filters use in optical/laser modules; color filter wheels; fluorescent chip and wheel; and wafer level optics. The company was founded in 2009 and is headquartered in Taichung, Taiwan.