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

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

SemiLEDs Trading Down 3.5 %

NASDAQ LEDS opened at $1.27 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.94 and a debt-to-equity ratio of 0.35. The stock’s 50-day simple moving average is $1.38 and its two-hundred day simple moving average is $1.42. SemiLEDs has a twelve month low of $1.01 and a twelve month high of $2.29. The company has a market capitalization of $9.14 million, a price-to-earnings ratio of -2.70 and a beta of 1.02.

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

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.