SemiLEDs (NASDAQ:LEDS) Earns Sell Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of SemiLEDs (NASDAQ:LEDS) in a report released on Wednesday. The firm set a “sell” rating on the semiconductor company’s stock.

SemiLEDs Stock Performance

NASDAQ LEDS opened at $1.14 on Wednesday. The firm has a market cap of $8.17 million, a price-to-earnings ratio of -2.41 and a beta of 1.02. The company has a 50-day simple moving average of $1.32 and a two-hundred day simple moving average of $1.39. The company has a quick ratio of 0.40, a current ratio of 0.94 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.

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

About SemiLEDs

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.