Semilux International (NASDAQ:SELX) Shares Up 0.4% – Should You Buy?

Semilux International Ltd. (NASDAQ:SELX) rose 0.4% on Friday . The company traded as high as $0.8430 and last traded at $0.8430. Approximately 20,931 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 195,783 shares. The stock had previously closed at $0.84.

Analysts Set New Price Targets

Separately, Weiss Ratings restated 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.com, the stock presently has a consensus rating of “Sell”.

Semilux International Price Performance

The company’s 50-day simple moving average is $0.70 and its 200 day simple moving average is $0.93.

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. The company was founded in 2009 and is headquartered in Taichung, Taiwan.