Shares of Hua Hong Semiconductor Limited (OTCMKTS:HHUSF – Get Free Report) shot up 9.9% during trading on Wednesday . The company traded as high as C$17.98 and last traded at C$17.81. 2,879 shares changed hands during mid-day trading, an increase of 482% from the average session volume of 495 shares. The stock had previously closed at C$16.20.
Hua Hong Semiconductor Price Performance
The business’s 50 day moving average is C$11.96 and its 200 day moving average is C$11.08.
About Hua Hong Semiconductor
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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