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

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

SemiLEDs Stock Performance

LEDS opened at $1.21 on Tuesday. The stock’s 50 day simple moving average is $1.35 and its 200-day simple moving average is $1.40. 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 stock has a market cap of $8.71 million, a PE ratio of -2.62 and a beta of 1.02. SemiLEDs has a 1 year low of $0.92 and a 1 year high of $2.29.

SemiLEDs (NASDAQ:LEDS) last released its quarterly earnings data on Monday, July 8th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter. The company 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.