SemiLEDs (NASDAQ:LEDS) Receives New Coverage from Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of SemiLEDs (NASDAQ:LEDS) in a research report issued on Thursday. The brokerage set a “sell” rating on the semiconductor company’s stock.

SemiLEDs Trading Up 1.6 %

Shares of NASDAQ:LEDS opened at $1.58 on Thursday. SemiLEDs has a 12-month low of $1.01 and a 12-month high of $3.47. The company has a market capitalization of $11.38 million, a PE ratio of -2.83 and a beta of 1.07. The business has a 50 day moving average of $1.52 and a two-hundred day moving average of $1.41. The company has a current ratio of 0.97, a quick ratio of 0.40 and a debt-to-equity ratio of 0.36.

SemiLEDs (NASDAQ:LEDS) last announced its quarterly earnings results on Wednesday, April 3rd. The semiconductor company reported ($0.11) earnings per share (EPS) for the quarter. SemiLEDs had a negative net margin of 49.29% and a negative return on equity of 158.17%. The company had revenue of $0.89 million during the quarter.

SemiLEDs Company Profile

SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, and internationally. The company also sells enhanced vertical, LED product series in blue, white, green, and UV; LED chips to packagers or distributors; and lighting products primarily to original design manufacturers of lighting products and the end-users of lighting devices, as well as packs and sells its LED chips.