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

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

SemiLEDs Stock Performance

NASDAQ:LEDS opened at $1.20 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.40 and a current ratio of 0.94. SemiLEDs has a fifty-two week low of $0.92 and a fifty-two week high of $2.29. The company has a 50 day simple moving average of $1.36 and a two-hundred day simple moving average of $1.40. The company has a market capitalization of $8.64 million, a PE ratio of -2.51 and a beta of 1.02.

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

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.