SemiLEDs (NASDAQ:LEDS) Releases Earnings Results

SemiLEDs (NASDAQ:LEDS) announced its quarterly earnings data on Friday. The semiconductor company reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. SemiLEDs had a negative net margin of 39.28% and a negative return on equity of 91.96%.

SemiLEDs Price Performance

Shares of LEDS opened at $1.35 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.85 and a quick ratio of 0.34. The company has a market cap of $9.74 million, a P/E ratio of -3.65 and a beta of 1.08. SemiLEDs has a 12 month low of $0.92 and a 12 month high of $2.29. The stock has a fifty day moving average price of $1.30 and a 200 day moving average price of $1.31.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of SemiLEDs in a report on Monday. They issued a “sell” rating for the company.

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.