Siltronic (OTCMKTS:SSLLF) Shares Up 23.3% – What’s Next?

Shares of Siltronic AG (OTCMKTS:SSLLF) traded up 23.3% during trading on Wednesday . The stock traded as high as $50.00 and last traded at $50.00. 65 shares changed hands during trading, a decline of 90% from the average session volume of 646 shares. The stock had previously closed at $40.55.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on SSLLF shares. Jefferies Financial Group restated a “hold” rating on shares of Siltronic in a report on Tuesday, May 13th. DZ Bank downgraded shares of Siltronic from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 25th.

Siltronic Stock Up 23.3%

The business has a 50 day moving average price of $40.92 and a two-hundred day moving average price of $43.58.

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.