Siltronic AG (OTCMKTS:SSLLF – Get Free Report)’s stock price dropped 8.6% on Monday . The company traded as low as $43.43 and last traded at $43.43. Approximately 400 shares were traded during mid-day trading, an increase of 67% from the average daily volume of 240 shares. The stock had previously closed at $47.51.
Wall Street Analysts Forecast Growth
Separately, Citigroup upgraded shares of Siltronic to a “strong-buy” rating in a report on Thursday, October 10th.
Check Out Our Latest Stock Report on SSLLF
Siltronic Stock Performance
Siltronic (OTCMKTS:SSLLF – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.66 earnings per share for the quarter. The firm had revenue of $392.68 million during the quarter.
About Siltronic
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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