Hua Hong Semiconductor (OTCMKTS:HHUSF) Shares Down 2.9% – Here’s What Happened

Shares of Hua Hong Semiconductor Limited (OTCMKTS:HHUSFGet Free Report) dropped 2.9% during mid-day trading on Tuesday . The stock traded as low as C$11.55 and last traded at C$11.55. Approximately 900 shares changed hands during trading, an increase of 350% from the average daily volume of 200 shares. The stock had previously closed at C$11.90.

Hua Hong Semiconductor Stock Performance

The firm has a 50-day moving average price of C$10.58 and a 200 day moving average price of C$9.84.

Hua Hong Semiconductor Company Profile

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Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) is a pure‐play semiconductor foundry headquartered in Shanghai, China. The company specializes in the research, development and manufacture of integrated circuits, offering a diverse suite of process technologies on both 200mm and 300mm wafers. Its core offerings span from mature nodes for power management and radio‐frequency applications to specialty technologies such as gallium nitride (GaN) and CMOS image sensors, serving a wide spectrum of end markets including communications, consumer electronics, industrial controls and automotive systems.

Operating multiple fabrication facilities, Hua Hong Semiconductor maintains advanced manufacturing sites in Shanghai and Wuxi.

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