X-FAB Silicon Foundries (OTC:XFABF) Trading Down 2% – Here’s Why

X-FAB Silicon Foundries SE (OTC:XFABFGet Free Report)’s stock price dropped 2% on Friday . The stock traded as low as $7.91 and last traded at $7.91. Approximately 500 shares changed hands during trading, a decline of 76% from the average daily volume of 2,079 shares. The stock had previously closed at $8.07.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of X-FAB Silicon Foundries in a report on Wednesday, April 30th.

View Our Latest Stock Report on XFABF

X-FAB Silicon Foundries Stock Down 2.0%

The firm has a 50 day moving average price of $6.79 and a 200-day moving average price of $5.52.

About X-FAB Silicon Foundries

(Get Free Report)

-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems.

Featured Articles

Receive News & Ratings for X-FAB Silicon Foundries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for X-FAB Silicon Foundries and related companies with MarketBeat.com's FREE daily email newsletter.