Siltronic AG (OTCMKTS:SSLLF) Stock Rated “Moderate Buy” by Sell-Side Analysts

Siltronic AG (OTCMKTS:SSLLF) has been given an average rating of “Moderate Buy” by the seven research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

SSLLF has been the subject of a number of research analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Siltronic in a report on Wednesday, October 7th. UBS Group raised Siltronic from a “hold” rating to a “buy” rating in a research report on Monday, August 3rd. Finally, DZ Bank raised shares of Siltronic from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th.

Siltronic Stock Performance

Shares of OTCMKTS SSLLF opened at $64.05 on Monday. The company’s 50-day moving average is $78.64 and its 200 day moving average is $83.57. Siltronic has a 1 year low of $53.70 and a 1 year high of $122.95.

About Siltronic

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.