Siltronic (OTCMKTS:SSLLF – Get Free Report) is expected to issue its results before the market opens on Thursday, July 30th. Analysts expect Siltronic to post earnings of ($2.1377) per share and revenue of $363.5470 million for the quarter.
Siltronic Price Performance
Shares of OTCMKTS:SSLLF opened at $91.80 on Wednesday. The company’s fifty day moving average price is $104.41 and its 200-day moving average price is $81.45. Siltronic has a one year low of $49.09 and a one year high of $122.95.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on SSLLF shares. Citigroup reiterated a “neutral” rating on shares of Siltronic in a research report on Monday, June 1st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Siltronic in a research note on Wednesday, April 29th. BNP Paribas Exane raised Siltronic to an “outperform” rating in a research note on Thursday, July 9th. Oddo Bhf lowered Siltronic to an “underperform” rating in a research report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Siltronic in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Siltronic 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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