Equities researchers at StockNews.com assumed coverage on shares of SemiLEDs (NASDAQ:LEDS – Get Rating) in a report released on Wednesday. The firm set a “sell” rating on the semiconductor company’s stock.
SemiLEDs Stock Up 1.9 %
SemiLEDs stock opened at $2.17 on Wednesday. SemiLEDs has a 1-year low of $1.49 and a 1-year high of $4.55. The firm has a market capitalization of $10.52 million, a price-to-earnings ratio of -3.62 and a beta of 1.16. The firm’s fifty day moving average price is $2.06 and its two-hundred day moving average price is $2.49. The company has a current ratio of 0.96, a quick ratio of 0.57 and a debt-to-equity ratio of 0.56.
SemiLEDs (NASDAQ:LEDS – Get Rating) last released its quarterly earnings data on Monday, November 7th. The semiconductor company reported ($0.25) earnings per share for the quarter. The business had revenue of $1.63 million during the quarter. SemiLEDs had a negative net margin of 37.60% and a negative return on equity of 76.96%.
Institutional Trading of SemiLEDs
SemiLEDs Corp. engages in the development, manufacture, and sale of light emitting diode chips and components. Its products include blue, ultraviolet, green, white, and entertainment LEDs. It offers LED chips, EF flipchip LED series, LED components, UV LED, and lighting products. The firm’s products are used for general lighting applications, including street lights, commercial, industrial, system, and residential lighting.
- Get a free copy of the StockNews.com research report on SemiLEDs (LEDS)
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