SemiLEDs (NASDAQ:LEDS) Research Coverage Started at StockNews.com

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

SemiLEDs Stock Performance

NASDAQ:LEDS opened at $1.52 on Friday. The firm’s 50-day moving average is $1.53 and its 200-day moving average is $1.40. The company has a market cap of $10.91 million, a price-to-earnings ratio of -2.71 and a beta of 1.08. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.40 and a current ratio of 0.97. SemiLEDs has a 52-week low of $1.01 and a 52-week high of $3.47.

SemiLEDs (NASDAQ:LEDS) last released its earnings results on Wednesday, April 3rd. The semiconductor company reported ($0.11) earnings per share for the quarter. The firm had revenue of $0.89 million for the quarter. SemiLEDs had a negative return on equity of 158.17% and a negative net margin of 49.29%.

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.