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

Equities researchers at StockNews.com started coverage on shares of SemiLEDs (NASDAQ:LEDS) in a note issued to investors on Friday. The firm set a “sell” rating on the semiconductor company’s stock.

SemiLEDs Stock Performance

SemiLEDs stock opened at $1.23 on Friday. SemiLEDs has a 12-month low of $0.92 and a 12-month high of $2.29. The company has a market capitalization of $8.85 million, a price-to-earnings ratio of -2.62 and a beta of 1.01. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.94 and a quick ratio of 0.40. The firm’s fifty day moving average price is $1.28 and its 200 day moving average price is $1.38.

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.