X-FAB Silicon Foundries (OTC:XFABF) Stock Price Down 1.2% – What’s Next?

X-FAB Silicon Foundries SE (OTC:XFABFGet Free Report)’s share price dropped 1.2% during mid-day trading on Thursday . The stock traded as low as $5.82 and last traded at $5.82. Approximately 15,000 shares changed hands during mid-day trading, an increase of 542% from the average daily volume of 2,336 shares. The stock had previously closed at $5.89.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of X-FAB Silicon Foundries in a report on Wednesday, April 30th.

View Our Latest Stock Report on XFABF

X-FAB Silicon Foundries Stock Down 1.2%

The company’s fifty day moving average price is $4.82 and its 200-day moving average price is $4.90.

About X-FAB Silicon Foundries

(Get Free Report)

-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems.

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