Siltronic (OTCMKTS:SSLLF – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($1.99) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.14) by $0.15, Zacks reports.
Siltronic Stock Performance
Shares of OTCMKTS:SSLLF remained flat at $77.35 during trading on Thursday. 201 shares of the stock traded hands, compared to its average volume of 354. Siltronic has a twelve month low of $49.09 and a twelve month high of $122.95. The company has a 50-day moving average of $103.92 and a 200 day moving average of $81.61.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the stock. Oddo Bhf cut shares of Siltronic to an “underperform” rating in a report on Monday, May 4th. BNP Paribas Exane upgraded shares of Siltronic to an “outperform” rating in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Siltronic in a research report on Wednesday, May 6th. Citigroup restated a “neutral” rating on shares of Siltronic in a research note on Monday, June 1st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Siltronic in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.
About Siltronic
Siltronic AG is a Germany‐based manufacturer specializing in the production of hyperpure silicon wafers for the semiconductor industry. These wafers serve as the foundational substrate for a wide array of electronic devices, including integrated circuits, discrete power components and sensor technologies. Headquartered in Munich, Siltronic’s wafers are a critical input used by chipmakers worldwide to fabricate advanced microelectronic components for consumer electronics, automotive systems and industrial applications.
The origins of Siltronic trace back to its establishment as a spin-off from Siemens’ semiconductor materials division in 2001.
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