Siltronic (OTCMKTS:SSLLF) Releases Earnings Results, Beats Estimates By $0.59 EPS

Siltronic (OTCMKTS:SSLLF) announced its earnings results on Tuesday. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.59, Zacks reports.

Siltronic Price Performance

Shares of SSLLF opened at $49.00 on Wednesday. Siltronic has a 1 year low of $36.21 and a 1 year high of $77.15. The stock has a 50 day simple moving average of $43.71 and a 200-day simple moving average of $43.67.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SSLLF. Jefferies Financial Group reiterated a “hold” rating on shares of Siltronic in a research note on Tuesday, May 13th. Citigroup downgraded Siltronic from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 15th.

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.