SemiLEDs (NASDAQ:LEDS) Coverage Initiated at StockNews.com

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

SemiLEDs Stock Performance

Shares of SemiLEDs stock opened at $1.30 on Monday. The firm has a market capitalization of $9.35 million, a P/E ratio of -2.77 and a beta of 1.02. SemiLEDs has a 52 week low of $1.01 and a 52 week high of $2.29. The company has a quick ratio of 0.40, a current ratio of 0.94 and a debt-to-equity ratio of 0.35. The firm’s 50 day moving average is $1.38 and its two-hundred day moving average is $1.42.

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

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.