SemiLEDs Corp. (NASDAQ:LEDS)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $9.85 and last traded at $9.28, with a volume of 7,403,183 shares trading hands. The stock had previously closed at $3.30.

The stock’s market cap is $28.58 million. The company’s 50-day moving average price is $1.86 and its 200-day moving average price is $2.73.

SemiLEDs Corp. (NASDAQ:LEDS) last announced its quarterly earnings results on Tuesday, April 12th. The company reported ($0.08) EPS for the quarter. The business had revenue of $2.90 million for the quarter. Equities research analysts predict 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.