Siltronic (OTCMKTS:SSLLF) Trading Down 0.9% – Here’s What Happened

Shares of Siltronic AG (OTCMKTS:SSLLF) were down 0.9% during mid-day trading on Tuesday . The stock traded as low as $55.50 and last traded at $55.50. Approximately 200 shares traded hands during trading, a decline of 23% from the average daily volume of 259 shares. The stock had previously closed at $56.00.

Analysts Set New Price Targets

Separately, Citigroup upgraded Siltronic to a “strong-buy” rating in a research note on Thursday, October 10th.

Siltronic Price Performance

The company’s fifty day moving average price is $71.83 and its 200 day moving average price is $76.18.

Siltronic (OTCMKTS:SSLLF) last issued its earnings results on Thursday, October 24th. The company reported $0.66 EPS for the quarter. The company had revenue of $392.68 million during the quarter.

Siltronic Company Profile

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.