Siltronic (OTCMKTS:SSLLF) Downgraded by DZ Bank to “Hold”

DZ Bank downgraded shares of Siltronic (OTCMKTS:SSLLFFree Report) from a strong-buy rating to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Siltronic Price Performance

OTCMKTS:SSLLF opened at $51.00 on Tuesday. The company has a 50 day moving average price of $45.88 and a 200 day moving average price of $55.50. Siltronic has a fifty-two week low of $40.00 and a fifty-two week high of $94.24.

Siltronic (OTCMKTS:SSLLFGet Free Report) last announced its earnings results on Thursday, March 6th. The company reported ($0.09) EPS for the quarter. The company had revenue of $384.69 million during the quarter.

About Siltronic

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Siltronic AG, together with its subsidiaries, provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia. It offers polished and epitaxial wafers. The company provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; Float zone/FZ, a wafer product based on the float zone method; and HIREF that offers low microroughness, and low-defect surface structure.

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