X-FAB Silicon Foundries (OTC:XFABF) Trading Up 0.9% – Still a Buy?

X-FAB Silicon Foundries SE (OTC:XFABF)’s stock price traded up 0.9% during mid-day trading on Friday . The stock traded as high as $5.95 and last traded at $5.90. 500 shares changed hands during trading, a decline of 67% from the average session volume of 1,529 shares. The stock had previously closed at $5.8482.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft cut X-FAB Silicon Foundries from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, X-FAB Silicon Foundries presently has an average rating of “Hold”.

X-FAB Silicon Foundries Stock Up 0.9%

The firm’s fifty day moving average is $6.08 and its 200-day moving average is $7.23.

X-FAB Silicon Foundries Company Profile

-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services.