SemiLEDs Corp. (LEDS) Shares Gap Up to $2.09
SemiLEDs Corp. (NASDAQ:LEDS)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $2.01, but opened at $2.09. SemiLEDs Corp. shares last traded at $3.29, with a volume of 468,145 shares trading hands.
The firm’s market capitalization is $27.26 million. The stock’s 50-day moving average is $1.86 and its 200 day moving average is $2.73.
SemiLEDs Corp. (NASDAQ:LEDS) last announced its earnings results on Tuesday, April 12th. The company reported ($0.08) earnings per share for the quarter. The firm earned $2.90 million during the quarter. Analysts expect that SemiLEDs Corp. will post ($0.89) earnings per share for the current year.
SemiLEDs Corporation develops, manufactures and sells light emitting diode (LED) chips and LED components. The Company’s products are used primarily for general lighting applications, including street lights and commercial, industrial and residential lighting. Its LED chips are also used in specialty industrial applications, such as ultraviolet (UV), curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting.
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