Siltronic (OTCMKTS:SSLLF) Upgraded to Strong-Buy at Citigroup

Citigroup upgraded shares of Siltronic (OTCMKTS:SSLLF) to a strong-buy rating in a research note released on Thursday morning, Zacks.com reports.

Siltronic Price Performance

SSLLF opened at $72.40 on Thursday. The business has a fifty day moving average price of $75.46 and a 200 day moving average price of $79.37. Siltronic has a 12 month low of $72.40 and a 12 month high of $98.49.

Siltronic Company Profile

Siltronic AG, together with its subsidiaries, provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia. It offers polished and epitaxial wafers. The company provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; Float zone/FZ, a wafer product based on the float zone method; and HIREF that offers low microroughness, and low-defect surface structure.