SemiLEDs (NASDAQ:LEDS) Releases Quarterly Earnings Results

SemiLEDs (NASDAQ:LEDS) announced its quarterly earnings data on Friday. The semiconductor company reported ($0.08) earnings per share (EPS) 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 Performance

SemiLEDs stock opened at $1.32 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.34 and a current ratio of 0.85. The stock has a market cap of $9.52 million, a price-to-earnings ratio of -3.57 and a beta of 1.08. The stock’s 50 day simple moving average is $1.31 and its two-hundred day simple moving average is $1.31. SemiLEDs has a fifty-two week low of $0.92 and a fifty-two week high of $2.29.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of SemiLEDs in a research report on Monday, January 6th. They set a “sell” rating on the stock.

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.