SemiLEDs (NASDAQ:LEDS) Releases Quarterly Earnings Results

SemiLEDs (NASDAQ:LEDS) issued its earnings results on Thursday. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. SemiLEDs had a negative return on equity of 81.97% and a negative net margin of 41.41%.

SemiLEDs Stock Up 7.5 %

NASDAQ LEDS opened at $2.14 on Thursday. The company has a market capitalization of $15.43 million, a price-to-earnings ratio of -6.48 and a beta of 0.96. The company has a current ratio of 0.77, a quick ratio of 0.25 and a debt-to-equity ratio of 0.47. SemiLEDs has a 1-year low of $0.92 and a 1-year high of $2.94. The stock’s 50 day moving average is $1.89 and its two-hundred day moving average is $1.52.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on SemiLEDs in a report on Friday, April 4th. 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.