Siltronic (OTCMKTS:SSLLF) Issues Quarterly Earnings Results, Beats Estimates By $0.30 EPS

Siltronic (OTCMKTS:SSLLF – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($1.68) EPS for the quarter, beating the consensus estimate of ($1.98) by $0.30, Zacks reports.

Siltronic Price Performance

SSLLF stock traded up $2.91 during midday trading on Wednesday, hitting $66.10. The stock had a trading volume of 100 shares, compared to its average volume of 371. Siltronic has a 1-year low of $53.70 and a 1-year high of $122.95. The business has a fifty day moving average price of $83.96 and a two-hundred day moving average price of $83.57.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on SSLLF shares. DZ Bank raised Siltronic from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. BNP Paribas Exane upgraded shares of Siltronic to an “outperform” rating in a report on Thursday, July 9th. UBS Group raised shares of Siltronic from a “hold” rating to a “buy” rating in a research note on Monday, August 3rd. Finally, Jefferies Financial Group restated a “buy” rating on shares of Siltronic in a report on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on SSLLF

About Siltronic

(Get Free Report)

Siltronic AG is a Germany-based manufacturer of hyperpure silicon wafers used in the production of semiconductor devices. The company supplies wafer products primarily to integrated device manufacturers and semiconductor foundries, which use them as substrates for fabricating microchips.

Its product portfolio includes polished silicon wafers, epitaxial wafers and other specialty wafer solutions in various diameters, including 200-millimeter and 300-millimeter formats. These products support applications across computing, communications, automotive electronics, industrial equipment and consumer devices.

Siltronic traces its origins to semiconductor-wafer activities established by Wacker Chemie and became an independently listed company in 2015.

See Also

Earnings History for Siltronic (OTCMKTS:SSLLF)

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