Siltronic (OTCMKTS:SSLLF) Trading Up 7.1% – What’s Next?

Siltronic AG (OTCMKTS:SSLLFGet Free Report) rose 7.1% on Friday . The company traded as high as $42.60 and last traded at $42.60. Approximately 250 shares changed hands during trading, a decline of 67% from the average daily volume of 750 shares. The stock had previously closed at $39.79.

Wall Street Analysts Forecast Growth

Separately, DZ Bank cut Siltronic from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 25th.

View Our Latest Stock Report on SSLLF

Siltronic Price Performance

The stock’s 50-day moving average price is $42.65 and its 200-day moving average price is $47.64.

Siltronic (OTCMKTS:SSLLFGet Free Report) last announced its earnings results on Thursday, March 6th. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $384.69 million for the quarter.

About Siltronic

(Get Free Report)

Siltronic AG, together with its subsidiaries, provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia. It offers polished and epitaxial wafers. The company provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; Float zone/FZ, a wafer product based on the float zone method; and HIREF that offers low microroughness, and low-defect surface structure.

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