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

Analysts at StockNews.com assumed coverage on shares of SemiLEDs (NASDAQ:LEDS) in a research report issued to clients and investors on Monday. The firm set a “sell” rating on the semiconductor company’s stock.

SemiLEDs Trading Down 13.0 %

Shares of LEDS stock opened at $1.40 on Monday. SemiLEDs has a 1 year low of $0.92 and a 1 year high of $2.29. The firm has a market capitalization of $10.07 million, a PE ratio of -3.88 and a beta of 1.02. The stock has a fifty day moving average of $1.25 and a two-hundred day moving average of $1.34. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.40 and a current ratio of 0.94.

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.