Siltronic (OTCMKTS:SSLLF – Get Free Report) issued its earnings results on Thursday. The company reported ($1.99) EPS for the quarter, beating analysts’ consensus estimates of ($2.14) by $0.15, Zacks reports.
Siltronic Price Performance
OTCMKTS:SSLLF opened at $77.35 on Friday. The company has a 50-day moving average of $103.43 and a 200-day moving average of $81.77. Siltronic has a 52 week low of $49.09 and a 52 week high of $122.95.
Analyst Ratings Changes
Several research analysts have recently weighed in on SSLLF shares. Jefferies Financial Group restated a “buy” rating on shares of Siltronic in a research note on Thursday. Oddo Bhf lowered shares of Siltronic to an “underperform” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siltronic in a research report on Wednesday, May 6th. Citigroup reiterated a “neutral” rating on shares of Siltronic in a research report on Monday, June 1st. Finally, BNP Paribas Exane upgraded shares of Siltronic to an “outperform” rating in a report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Siltronic currently has a consensus rating of “Hold”.
Siltronic Company Profile
Siltronic AG is a Germany‐based manufacturer specializing in the production of hyperpure silicon wafers for the semiconductor industry. These wafers serve as the foundational substrate for a wide array of electronic devices, including integrated circuits, discrete power components and sensor technologies. Headquartered in Munich, Siltronic’s wafers are a critical input used by chipmakers worldwide to fabricate advanced microelectronic components for consumer electronics, automotive systems and industrial applications.
The origins of Siltronic trace back to its establishment as a spin-off from Siemens’ semiconductor materials division in 2001.
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