SemiLEDs (NASDAQ:LEDS) Now Covered by Analysts at StockNews.com

Posted by on Jan 23rd, 2025

StockNews.com started coverage on shares of SemiLEDs (NASDAQ:LEDS – Free Report) in a research report report published on Wednesday. The firm issued a sell rating on the semiconductor company’s stock.

SemiLEDs Price Performance

NASDAQ:LEDS opened at $1.73 on Wednesday. The company has a market capitalization of $12.47 million, a P/E ratio of -5.24 and a beta of 1.08. The company has a quick ratio of 0.25, a current ratio of 0.77 and a debt-to-equity ratio of 0.47. SemiLEDs has a 52 week low of $0.92 and a 52 week high of $2.48. The stock’s fifty day moving average is $1.35 and its two-hundred day moving average is $1.32.

SemiLEDs (NASDAQ:LEDS – Get Free Report) last posted its earnings results on Friday, January 10th. The semiconductor company reported ($0.08) EPS for the quarter. SemiLEDs had a negative net margin of 41.41% and a negative return on equity of 81.97%.

Institutional Trading of SemiLEDs

A hedge fund recently bought a new stake in SemiLEDs stock. Garden State Investment Advisory Services LLC acquired a new stake in SemiLEDs Co. (NASDAQ:LEDS – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 377,201 shares of the semiconductor company’s stock, valued at approximately $443,000. Garden State Investment Advisory Services LLC owned approximately 5.23% of SemiLEDs at the end of the most recent quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

SemiLEDs Company Profile

(Get Free Report)

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.

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