SemiLEDs (NASDAQ:LEDS) Earns Sell Rating from Analysts at StockNews.com

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

SemiLEDs Trading Up 7.9 %

LEDS opened at $1.23 on Wednesday. SemiLEDs has a twelve month low of $0.92 and a twelve month high of $2.29. The company has a fifty day moving average of $1.32 and a 200-day moving average of $1.39. The stock has a market cap of $8.82 million, a PE 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.

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

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.