Research analysts at StockNews.com initiated coverage on shares of SemiLEDs (NASDAQ:LEDS – Get Free Report) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the semiconductor company’s stock.
SemiLEDs Stock Up 7.3 %
Shares of NASDAQ:LEDS opened at $1.92 on Wednesday. The firm has a market capitalization of $13.85 million, a P/E ratio of -5.82 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.25 and a current ratio of 0.77. The stock has a 50 day moving average price of $1.64 and a 200-day moving average price of $1.40. SemiLEDs has a 52-week low of $0.92 and a 52-week high of $2.48.
SemiLEDs (NASDAQ:LEDS – Get Free Report) last posted its quarterly earnings data on Friday, January 10th. The semiconductor company reported ($0.08) earnings per share (EPS) for the quarter. SemiLEDs had a negative return on equity of 81.97% and a negative net margin of 41.41%.
Institutional Investors Weigh In On SemiLEDs
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.
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