SemiLEDs (NASDAQ:LEDS) Research Coverage Started at StockNews.com

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

SemiLEDs Stock Performance

Shares of LEDS opened at $1.26 on Monday. The stock has a 50 day moving average of $1.25 and a 200 day moving average of $1.34. The company has a current ratio of 0.94, a quick ratio of 0.40 and a debt-to-equity ratio of 0.35. SemiLEDs has a 12 month low of $0.92 and a 12 month high of $2.29. The company has a market capitalization of $9.04 million, a price-to-earnings ratio of -2.67 and a beta of 1.02.

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.