LEDS.us, the stock of Xuming Optoelectronic, experienced a significant price increase of 5.61%, reaching $1.20 per share with a trading volume of 6,042 shares. The stock's turnover was 0.08%, and it had a fluctuation of 2.60%.
The company's latest financial report showed revenues of $1.32 million and a net loss of $319,000, resulting in an earnings per share of -$0.04. The gross profit stood at $543,000 with a price-to-earnings ratio of -2.68. No institutional recommendations for buying, holding, or selling the stock are currently available.
Within the semiconductor industry, where LEDS.us operates, the overall growth was 0.32%. Among related stocks, Mobix Labs Inc C/Wts and Acm Research, Inc. showed notable gains, with Acm Research, Inc. and others like Wolfspeed, Inc. being actively traded.
Xuming Optoelectronic specializes in developing, manufacturing, and selling LED chips and components used in various lighting applications ranging from streetlights to specialized industrial uses. The majority of its revenue comes from the sale of LED components, primarily in the United States.
