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

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

SemiLEDs Trading Up 7.9 %

Shares of SemiLEDs stock opened at $1.23 on Wednesday. SemiLEDs has a 12-month low of $0.92 and a 12-month high of $2.29. The stock has a market cap of $8.82 million, a P/E ratio of -2.61 and a beta of 1.01. The company has a quick ratio of 0.40, a current ratio of 0.94 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $1.32 and its 200-day moving average is $1.39.

SemiLEDs (NASDAQ:LEDS) last announced its quarterly earnings data on Monday, July 8th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter. SemiLEDs had a negative return on equity of 120.86% and a negative net margin of 44.37%. The company 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.