SemiLEDs (NASDAQ:LEDS) Receives New Coverage from Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of SemiLEDs (NASDAQ:LEDS) in a research note issued on Monday. The brokerage set a “sell” rating on the semiconductor company’s stock.

SemiLEDs Stock Up 3.7 %

LEDS stock opened at $1.40 on Monday. 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’s 50 day moving average is $1.38 and its 200 day moving average is $1.42. The stock has a market cap of $10.08 million, a price-to-earnings ratio of -2.98 and a beta of 1.02. SemiLEDs has a 1-year low of $1.01 and a 1-year high of $2.29.

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

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.