Hua Hong Semiconductor (OTCMKTS:HHUSF) Trading 0.7% Higher – Should You Buy?

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF)’s share price traded up 0.7% during trading on Tuesday . The stock traded as high as C$9.72 and last traded at C$9.72. 230 shares changed hands during trading, a decline of 82% from the average session volume of 1,286 shares. The stock had previously closed at C$9.66.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Hua Hong Semiconductor to a “buy” rating in a report on Wednesday, September 17th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Hua Hong Semiconductor Trading Up 0.7%

The firm’s fifty day moving average price is C$10.58 and its two-hundred day moving average price is C$7.80.

Hua Hong Semiconductor Company Profile

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) is a pure‐play semiconductor foundry headquartered in Shanghai, China. The company specializes in the research, development and manufacture of integrated circuits, offering a diverse suite of process technologies on both 200mm and 300mm wafers. Its core offerings span from mature nodes for power management and radio‐frequency applications to specialty technologies such as gallium nitride (GaN) and CMOS image sensors, serving a wide spectrum of end markets including communications, consumer electronics, industrial controls and automotive systems.

Operating multiple fabrication facilities, Hua Hong Semiconductor maintains advanced manufacturing sites in Shanghai and Wuxi.