SemiLEDs (NASDAQ:LEDS) Now Covered by StockNews.com

Stock analysts at StockNews.com began coverage on shares of SemiLEDs (NASDAQ:LEDS) in a research report issued on Sunday. The brokerage set a “sell” rating on the semiconductor company’s stock.

SemiLEDs Stock Down 3.1 %

Shares of NASDAQ LEDS opened at $1.10 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.40 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average of $1.26 and a 200-day moving average of $1.35. The firm has a market capitalization of $7.88 million, a price-to-earnings ratio of -2.33 and a beta of 1.02. SemiLEDs has a 12 month low of $0.92 and a 12 month high of $2.29.

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.