Hua Hong Semiconductor Limited (OTCMKTS:HHUSF – Get Free Report)’s share price dropped 23.4% during mid-day trading on Thursday. The company traded as low as C$8.50 and last traded at C$8.50. 1,710 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 1,955 shares. The stock had previously closed at C$11.10.
Hua Hong Semiconductor Stock Performance
The stock has a 50-day moving average price of C$13.73 and a 200 day moving average price of C$16.41.
About Hua Hong Semiconductor
Hua Hong Semiconductor Limited is a China-based semiconductor foundry that manufactures integrated circuits for customers under a contract manufacturing model. The company focuses on specialty process technologies rather than designing and selling branded end-user chips, supporting applications across consumer electronics, communications, industrial equipment, automotive products and other electronic devices.
Its manufacturing services include embedded and standalone non-volatile memory, power devices, analog and power-management products, logic and radio-frequency technologies, and other specialty semiconductor processes.
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