Siltronic (OTCMKTS:SSLLF) Rating Lowered to “Hold” at DZ Bank

Siltronic (OTCMKTS:SSLLFGet Free Report) was downgraded by equities research analysts at DZ Bank from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Siltronic Price Performance

OTCMKTS SSLLF opened at $51.00 on Tuesday. The stock has a 50-day moving average of $45.88 and a two-hundred day moving average of $55.50. Siltronic has a 1-year low of $40.00 and a 1-year high of $94.24.

Siltronic (OTCMKTS:SSLLFGet Free Report) last released 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.

Siltronic Company Profile

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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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