SemiLEDs Corp. (LEDS) Trading 9.7% Higher
SemiLEDs Corp. (NASDAQ:LEDS) traded up 9.7% on Thursday . The company traded as high as $6.45 and last traded at $6.20, with a volume of 245,908 shares changing hands. The stock had previously closed at $5.65.
The company’s market cap is $17.20 million. The company’s 50-day moving average price is $4.77 and its 200-day moving average price is $3.18.
SemiLEDs Corp. (NASDAQ:LEDS) last released its earnings results on Tuesday, July 12th. The company reported ($1.06) earnings per share (EPS) for the quarter. The company had revenue of $2.40 million for the quarter. On average, analysts predict that SemiLEDs Corp. will post ($0.89) earnings per share for the current fiscal 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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