Semilux International (NASDAQ:SELX) Shares Down 8.3% – What’s Next?

Semilux International Ltd. (NASDAQ:SELX) shares traded down 8.3% on Wednesday . The stock traded as low as $0.55 and last traded at $0.55. 22,461 shares traded hands during trading, a decline of 99% from the average session volume of 3,299,295 shares. The stock had previously closed at $0.60.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Semilux International in a report on Monday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Semilux International has a consensus rating of “Sell”.

Semilux International Price Performance

The company’s 50-day moving average is $0.87 and its 200 day moving average is $1.10.

About Semilux International

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.