Siltronic (FRA:WAF) Trading Down 3.8% – Here’s Why

Siltronic AG (FRA:WAFGet Free Report)’s stock price fell 3.8% during trading on Wednesday . The company traded as low as €51.00 and last traded at €53.10. 67,504 shares traded hands during mid-day trading, The stock had previously closed at €55.20.

Siltronic Stock Performance

The firm has a fifty day simple moving average of €52.71 and a two-hundred day simple moving average of €48.22.

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. Its products are used in computers, smartphones, industrial equipment, wind turbines, and cars with and without electric drives.

Further Reading

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