SemiLEDS’s (LEDS) “Sell (D-)” Rating Reiterated at Weiss Ratings

SemiLEDS (NASDAQ:LEDSGet Free Report)‘s stock had its “sell (d-)” rating reaffirmed by analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

SemiLEDS Stock Performance

Shares of NASDAQ:LEDS opened at $2.54 on Wednesday. The firm has a market capitalization of $20.88 million, a PE ratio of -31.75 and a beta of 0.96. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 0.33. The business has a 50-day moving average of $1.94 and a two-hundred day moving average of $2.24. SemiLEDS has a 12 month low of $1.09 and a 12 month high of $3.16.

SemiLEDS (NASDAQ:LEDSGet Free Report) last announced its quarterly earnings results on Friday, July 11th. The semiconductor company reported $0.03 EPS for the quarter. The company had revenue of $17.65 million during the quarter. SemiLEDS had a negative return on equity of 17.38% and a negative net margin of 1.59%.

SemiLEDS Company Profile

(Get Free Report)

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.

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