What’s Happening To These Stocks? – SemiLEDs Corporation (LEDS), Curis, Inc. (CRIS)

The opening price for SemiLEDs Corporation (NASDAQ:LEDS) was $3.96 and the volume amounted to 0.22 million shares which compares with the average volume of 0.3 million shares. The company stock experienced a -4.86% move to arrive at $3.72.

SemiLEDs Corporation Earnings Surprise

SemiLEDs Corporation (LEDS) failed to surprise the stock market in its last reported earnings when it earned -$2.1 a piece versus the consensus-estimated -$1.85. Its revenue totaled $4.5 million up 7.91% from the previous quarter.

SemiLEDs Corporation (NASDAQ:LEDS) Intraday View

This stock (LEDS) is ahead of its 52-week low with 131.06%. Its last month’s stock price volatility remained 13.62% which for the week stands at 34.62%. The share price has moved backward from its 20 days moving average, trading at a distance of -15.34% and stays 22.24% away from its 50 days moving average. Over the last five days, shares have faced -25.75% losses and now is up 36.2% since hitting its 200-day moving average of $2.59. SemiLEDs Corporation (LEDS) has made its way to a 12-month decline of -13.89%.

Turning to Curis, Inc. (NASDAQ:CRIS), its shares were trading at $0.82 a retreat of $-0.04, on the trading floor. The stock, after opening at $0.8692, touched a high of $0.87 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.5. Curis, Inc. has 2 buy ratings, 0 holds and 0 sells even after the stock tumbled -76.49% from its high of $3.48 to a $136.43 million market value through last close.

Curis, Inc. (CRIS) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.5 to 1.5 during a month. Analysts set a 12-month price target of $5.5 a share. The target implies a 570.73% spike from where the shares are currently trading. Also, the current price highlights a discount of 753.66% to analysts’ high consensus price target.

Curis, Inc. (NASDAQ:CRIS) Intraday Trading

The counter witnessed a trading volume of 2.17 million shares versus an average volume of 1.37 million shares during last trading session. Its last month’s stock price volatility remained 8.59% which for the week approaches 10.61%. The lowest price the stock reached in the last trading day was $0.805 and compares with the $0.79 52-week low. The stock recovered 3.82% since its low point and has performed -73.44% year-to-date.

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