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

StockNews.com initiated coverage on shares of SemiLEDs (NASDAQ:LEDS) in a research report released on Sunday. The brokerage issued a sell rating on the semiconductor company’s stock.

SemiLEDs Stock Up 5.7 %

Shares of NASDAQ LEDS opened at $1.40 on Friday. The stock has a market capitalization of $10.07 million, a PE ratio of -2.98 and a beta of 1.02. The company has a current ratio of 0.94, a quick ratio of 0.40 and a debt-to-equity ratio of 0.35. SemiLEDs has a 12-month low of $1.01 and a 12-month high of $2.29. The stock’s fifty day simple moving average is $1.38 and its two-hundred day simple moving average is $1.43.

SemiLEDs (NASDAQ:LEDS) last released its quarterly earnings results on Monday, July 8th. The semiconductor company reported ($0.06) EPS for the quarter. SemiLEDs had a negative net margin of 44.37% and a negative return on equity of 120.86%. The firm had revenue of $1.32 million for 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.