SemiLEDs Corp. (LEDS) Trading Up 32.7%
Shares of SemiLEDs Corp. (NASDAQ:LEDS) were up 32.7% during mid-day trading on Tuesday . The stock traded as high as $8.66 and last traded at $8.04, with a volume of 4,058,606 shares. The stock had previously closed at $6.06.
The stock’s market cap is $23.60 million. The stock has a 50 day moving average of $2.40 and a 200-day moving average of $2.81.
SemiLEDs Corp. (NASDAQ:LEDS) last posted its quarterly earnings results on Thursday, July 7th. The company reported ($1.06) earnings per share for the quarter. On average, equities analysts anticipate 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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