SemiLEDs Corp. (LEDS) Shares Up 3.8%
SemiLEDs Corp. (NASDAQ:LEDS) shares shot up 3.8% during trading on Wednesday . The stock traded as high as $6.95 and last traded at $6.81, with a volume of 137,170 shares traded. The stock had previously closed at $6.56.
The company has a 50-day moving average of $6.45 and a 200 day moving average of $3.45. The company’s market cap is $18.70 million.
SemiLEDs Corp. (NASDAQ:LEDS) last posted its earnings results on Tuesday, July 12th. The company reported ($1.06) earnings per share (EPS) for the quarter. The business earned $2.40 million during the quarter. On average, 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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