Siltronic (OTCMKTS:SSLLF) Stock Price Down 8.6% – Should You Sell?

Siltronic AG (OTCMKTS:SSLLFGet Free Report)’s share price was down 8.6% during mid-day trading on Monday . The stock traded as low as $43.43 and last traded at $43.43. Approximately 400 shares traded hands during trading, an increase of 67% from the average daily volume of 240 shares. The stock had previously closed at $47.51.

Wall Street Analyst Weigh In

Separately, Citigroup raised Siltronic to a “strong-buy” rating in a report on Thursday, October 10th.

Check Out Our Latest Stock Report on Siltronic

Siltronic Price Performance

The company has a 50-day moving average of $50.79 and a 200-day moving average of $65.41.

Siltronic (OTCMKTS:SSLLFGet Free Report) last released its earnings results on Thursday, October 24th. The company reported $0.66 earnings per share (EPS) for the quarter. The company had revenue of $392.68 million during the quarter.

Siltronic Company Profile

(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.

Further Reading

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