SemiLEDS (NASDAQ:LEDS) Posts Earnings Results

SemiLEDS (NASDAQ:LEDS) announced its quarterly earnings data on Wednesday. The semiconductor company reported ($0.09) earnings per share for the quarter, Zacks reports. SemiLEDS had a negative return on equity of 37.83% and a negative net margin of 2.63%.

SemiLEDS Price Performance

NASDAQ:LEDS opened at $1.96 on Wednesday. The stock has a 50 day moving average price of $2.02 and a 200 day moving average price of $2.13. SemiLEDS has a one year low of $1.36 and a one year high of $3.37. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.99. The stock has a market cap of $16.12 million, a PE ratio of -13.07 and a beta of 1.05.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of SemiLEDS in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

SemiLEDS Company Profile

SemiLEDS Corp. is a developer and manufacturer of high-performance light‐emitting diode (LED) solutions serving a range of commercial, industrial and specialty markets. The company designs, packages and sells both white and ultraviolet LED products that are used in applications such as general illumination, horticultural lighting, architectural accent lighting and specialty curing or sterilization processes. SemiLEDS’ product portfolio encompasses single‐die high‐power LEDs, multi‐chip arrays and custom modules tailored to specific customer requirements.

Leveraging in‐house research and development capabilities, SemiLEDS focuses on delivering advanced thermal management, high luminous efficacy and long operational lifetimes in its LED offerings.