StockNews.com Initiates Coverage on SemiLEDs (NASDAQ:LEDS)

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

SemiLEDs Price Performance

Shares of LEDS stock opened at $1.48 on Monday. SemiLEDs has a 12 month low of $1.01 and a 12 month high of $2.60. The company has a market capitalization of $10.66 million, a P/E ratio of -3.15 and a beta of 1.03. The stock has a 50 day moving average of $1.36 and a two-hundred day moving average of $1.43. 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 (NASDAQ:LEDS) last issued its earnings results on Monday, July 8th. The semiconductor company reported ($0.06) EPS for the quarter. SemiLEDs had a negative net margin of 44.37% and a negative return on equity of 120.86%. The firm had revenue of $1.32 million during the quarter.

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.