Semilux International (NASDAQ:SELX) Shares Up 0.4% – Here’s Why

Semilux International Ltd. (NASDAQ:SELX)’s share price traded up 0.4% during trading on Friday . The company traded as high as $0.8430 and last traded at $0.8430. 20,931 shares traded hands during trading, a decline of 89% from the average session volume of 195,783 shares. The stock had previously closed at $0.84.

Analysts Set New Price Targets

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

Semilux International Trading Up 0.4%

The firm’s 50-day moving average price is $0.70 and its 200-day moving average price is $0.92.

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.