SemiLEDs (NASDAQ:LEDS) Issues Quarterly Earnings Results

SemiLEDs (NASDAQ:LEDS) announced its earnings results on Friday. The semiconductor company reported ($0.08) earnings per share for the quarter, Zacks reports. SemiLEDs had a negative net margin of 39.28% and a negative return on equity of 91.96%.

SemiLEDs Stock Down 2.2 %

Shares of NASDAQ:LEDS opened at $1.32 on Friday. The stock has a market capitalization of $9.52 million, a P/E ratio of -3.57 and a beta of 1.08. SemiLEDs has a 1 year low of $0.92 and a 1 year high of $2.29. The stock has a 50-day simple moving average of $1.31 and a 200-day simple moving average of $1.31. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.34 and a current ratio of 0.85.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of SemiLEDs in a research note on Monday, January 6th. They issued a “sell” rating for the company.

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.