X-FAB Silicon Foundries (OTC:XFABF) Stock Price Up 13.4% – Time to Buy?

X-FAB Silicon Foundries SE (OTC:XFABFGet Free Report) traded up 13.4% during mid-day trading on Thursday . The stock traded as high as $7.47 and last traded at $7.47. 250 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 2,170 shares. The stock had previously closed at $6.59.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on XFABF

X-FAB Silicon Foundries Stock Performance

The firm’s 50 day moving average price is $5.93 and its 200-day moving average price is $5.20.

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.

Recommended Stories

Receive News & Ratings for X-FAB Silicon Foundries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for X-FAB Silicon Foundries and related companies with MarketBeat.com's FREE daily email newsletter.