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

Siltronic (OTCMKTS:SSLLF) was downgraded by investment analysts at DZ Bank from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Siltronic Stock Performance

SSLLF stock opened at $51.00 on Tuesday. The company’s fifty day simple moving average is $45.88 and its 200 day simple moving average is $55.50. Siltronic has a 12-month low of $40.00 and a 12-month high of $94.24.

Siltronic (OTCMKTS:SSLLF) last announced its quarterly earnings data on Thursday, March 6th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $384.69 million during the quarter.

Siltronic Company Profile

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.