SemiLEDS (NASDAQ:LEDS) Posts Earnings Results

SemiLEDS (NASDAQ:LEDS) announced its quarterly earnings results on Friday. The semiconductor company reported ($0.15) earnings per share for the quarter, Zacks reports. SemiLEDS had a negative return on equity of 17.38% and a negative net margin of 1.59%.

SemiLEDS Stock Down 0.8%

LEDS opened at $2.39 on Friday. The company has a market cap of $19.65 million, a PE ratio of -30.06 and a beta of 1.00. The company has a 50-day moving average price of $2.46 and a 200 day moving average price of $2.33. SemiLEDS has a twelve month low of $1.20 and a twelve month high of $3.37. The company has a quick ratio of 0.33, a current ratio of 1.01 and a debt-to-equity ratio of 0.14.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of SemiLEDS in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

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.