SemiLEDs (NASDAQ:LEDS) Research Coverage Started at StockNews.com

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

SemiLEDs Stock Performance

LEDS stock opened at $1.58 on Thursday. 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. The firm’s fifty day moving average is $1.52 and its 200 day moving average is $1.40.

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

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.