StockNews.com initiated coverage on shares of SemiLEDs (NASDAQ:LEDS – Free Report) in a research note published on Thursday morning. The firm issued a sell rating on the semiconductor company’s stock.
SemiLEDs Stock Up 0.6 %
Shares of NASDAQ LEDS opened at $1.56 on Thursday. The firm has a fifty day simple moving average of $1.53 and a two-hundred day simple moving average of $1.41. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.40 and a current ratio of 0.97. SemiLEDs has a 12 month low of $1.01 and a 12 month high of $3.47.
SemiLEDs (NASDAQ:LEDS – Get Free Report) last released its earnings results on Wednesday, April 3rd. The semiconductor company reported ($0.11) earnings per share for the quarter. The business 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%.
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.
Further Reading
- Five stocks we like better than SemiLEDs
- How to Calculate Inflation Rate
- Semiconductor Shakeout: Finding Potential Amidst Turmoil
- Airline Stocks – Top Airline Stocks to Buy Now
- Hasbro’s Management Made All the Right Calls This Quarter
- Are Penny Stocks a Good Fit for Your Portfolio?
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
Receive News & Ratings for SemiLEDs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SemiLEDs and related companies with MarketBeat.com's FREE daily email newsletter.
