Equities researchers at StockNews.com began coverage on shares of SemiLEDs (NASDAQ:LEDS – Get Rating) in a report released on Thursday. The firm set a “sell” rating on the semiconductor company’s stock.
SemiLEDs Price Performance
Shares of SemiLEDs stock opened at $2.03 on Thursday. The stock has a 50 day moving average of $2.04 and a 200 day moving average of $2.12. SemiLEDs has a 12 month low of $1.49 and a 12 month high of $4.28. The firm has a market cap of $9.93 million, a PE ratio of -3.03 and a beta of 1.13. The company has a current ratio of 0.93, a quick ratio of 0.48 and a debt-to-equity ratio of 0.61.
SemiLEDs (NASDAQ:LEDS – Get Rating) last announced its quarterly earnings results on Wednesday, April 12th. The semiconductor company reported ($0.11) EPS for the quarter. SemiLEDs had a negative net margin of 49.66% and a negative return on equity of 97.64%. The firm had revenue of $1.15 million for the quarter.
Institutional Investors Weigh In On 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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