SemiLEDs (NASDAQ:LEDS) Now Covered by Analysts at StockNews.com

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

SemiLEDs Trading Down 10.4 %

Shares of LEDS stock opened at $1.26 on Monday. SemiLEDs has a 1 year low of $0.92 and a 1 year high of $2.29. The company’s fifty day simple moving average is $1.25 and its two-hundred day simple moving average is $1.34. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.94 and a quick ratio of 0.40. The stock has a market capitalization of $9.04 million, a price-to-earnings ratio of -2.67 and a beta of 1.02.

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.