SemiLEDs (NASDAQ:LEDS) Now Covered by StockNews.com

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

SemiLEDs Price Performance

LEDS stock opened at $1.56 on Friday. The stock’s fifty day simple moving average is $1.53 and its two-hundred day simple moving average is $1.40. 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 has a 1-year low of $1.01 and a 1-year high of $3.47. The stock has a market cap of $11.20 million, a P/E ratio of -2.79 and a beta of 1.08.

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

About SemiLEDs

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.