SemiLEDs Corp. (LEDS) Sees Unusually-High Trading Volume
SemiLEDs Corp. (NASDAQ:LEDS) shares saw an uptick in trading volume on Friday . 645,946 shares changed hands during trading, an increase of 12% from the previous session’s volume of 579,012 shares.The stock last traded at $7.19 and had previously closed at $6.96.
The company has a 50-day moving average price of $5.49 and a 200 day moving average price of $3.26. The stock’s market capitalization is $21.26 million.
SemiLEDs Corp. (NASDAQ:LEDS) last issued its earnings results on Tuesday, July 12th. The company reported ($1.06) EPS for the quarter. The firm had revenue of $2.40 million for the quarter. Analysts expect that SemiLEDs Corp. will post ($0.89) EPS 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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