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

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

SemiLEDs Trading Down 1.9 %

NASDAQ:LEDS opened at $1.55 on Thursday. The stock’s 50 day moving average price is $1.52 and its 200 day moving average price is $1.41. The company has a market capitalization of $11.13 million, a PE ratio of -2.77 and a beta of 1.07. The company has a quick ratio of 0.40, a current ratio of 0.97 and a debt-to-equity ratio of 0.36. SemiLEDs has a 52-week low of $1.01 and a 52-week high of $3.47.

SemiLEDs (NASDAQ:LEDS) last announced its earnings results on Wednesday, April 3rd. The semiconductor company reported ($0.11) earnings per share for the quarter. SemiLEDs had a negative net margin of 49.29% and a negative return on equity of 158.17%. The company had revenue of $0.89 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.