Siltronic (SSLLF) Expected to Announce Earnings on Wednesday

Siltronic (OTCMKTS:SSLLF) will likely be releasing its results before the market opens on Wednesday, November 4th. Analysts expect the company to post earnings of ($1.9849) per share and revenue of $381.39 million for the quarter.

Siltronic Stock Performance

SSLLF stock opened at $77.20 on Wednesday. The company has a 50 day moving average price of $86.95 and a 200 day moving average price of $83.26. Siltronic has a fifty-two week low of $53.70 and a fifty-two week high of $122.95.

Analysts Set New Price Targets

A number of research analysts have commented on SSLLF shares. UBS Group upgraded Siltronic from a “hold” rating to a “buy” rating in a research report on Monday, August 3rd. DZ Bank upgraded Siltronic from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. BNP Paribas Exane upgraded Siltronic to an “outperform” rating in a research report on Thursday, July 9th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Siltronic in a research note on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Siltronic presently has an average rating of “Moderate Buy”.

Siltronic Company Profile

Siltronic AG is a Germany-based manufacturer of silicon wafers used in the production of semiconductor devices. The company supplies wafers to chip manufacturers, which use them as the foundational material for integrated circuits in applications such as automotive electronics, communications, computing, consumer products and industrial systems.

Its product portfolio includes polished silicon wafers, epitaxial wafers and other specialty wafer products, with substrates available in different diameters and specifications.