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

StockNews.com began coverage on shares of SemiLEDs (NASDAQ:LEDS) in a research note released on Friday morning. The firm issued a sell rating on the semiconductor company’s stock.

SemiLEDs Stock Down 1.6 %

Shares of SemiLEDs stock opened at $1.23 on Friday. SemiLEDs has a one year low of $0.92 and a one year high of $2.29. The company has a market cap of $8.85 million, a P/E ratio of -2.62 and a beta of 1.01. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.40 and a current ratio of 0.94. The firm has a fifty day moving average of $1.28 and a two-hundred day moving average of $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.