SemiLEDs (NASDAQ:LEDS) Releases Quarterly Earnings Results

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

SemiLEDs Stock Performance

Shares of LEDS 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 50-day moving average of $1.31 and a two-hundred day moving average of $1.31. The stock has a market cap of $9.52 million, a P/E ratio of -3.57 and a beta of 1.08. SemiLEDs has a one year low of $0.92 and a one year high of $2.29.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of SemiLEDs in a research note 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.