Siltronic (OTCMKTS:SSLLF – Get Free Report) is anticipated to release its results before the market opens on Thursday, July 30th. Analysts expect Siltronic to announce earnings of ($2.1377) per share and revenue of $363.5470 million for the quarter.
Siltronic Price Performance
SSLLF stock opened at $91.80 on Tuesday. Siltronic has a 1-year low of $49.09 and a 1-year high of $122.95. The business’s 50 day simple moving average is $104.62 and its 200 day simple moving average is $81.19.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. BNP Paribas Exane raised Siltronic to an “outperform” rating in a report on Thursday, July 9th. Citigroup reissued a “neutral” rating on shares of Siltronic in a research report on Monday, June 1st. Oddo Bhf cut shares of Siltronic to an “underperform” rating in a research note on Monday, May 4th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Siltronic in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Siltronic in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.
Siltronic Company Profile
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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