Hua Hong Semiconductor (OTCMKTS:HHUSF) Trading Up 90.5% – Here’s Why

Hua Hong Semiconductor Limited (OTCMKTS:HHUSFGet Free Report) was up 90.5% on Thursday . The company traded as high as C$5.00 and last traded at C$5.00. Approximately 10,000 shares changed hands during mid-day trading, an increase of 436% from the average daily volume of 1,865 shares. The stock had previously closed at C$2.63.

Hua Hong Semiconductor Price Performance

The stock has a fifty day simple moving average of C$2.73 and a two-hundred day simple moving average of C$2.62.

About Hua Hong Semiconductor

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Hua Hong Semiconductor Limited, an investment holding company, manufactures and sells semiconductor products. It provides embedded non-volatile memory, standard logic and mixed-signal, radio frequency, power management integrated circuits, power discrete, and automotive solutions. The company also offers foundry services; and design services comprising standard and customized IP development, full-custom layout design, and customer-specific integrated solutions, as well as design support and tape out services.

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