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

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

SemiLEDs Price Performance

SemiLEDs stock opened at $1.10 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.40 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $1.26 and a 200-day simple moving average of $1.35. The stock has a market cap of $7.88 million, a P/E ratio of -2.33 and a beta of 1.02. SemiLEDs has a 12-month low of $0.92 and a 12-month high of $2.29.

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.