Siltronic (FRA:WAF) Shares Down 3% – Should You Sell?

Shares of Siltronic AG (FRA:WAFGet Free Report) were down 3% during trading on Friday . The company traded as low as €50.70 ($53.37) and last traded at €50.70 ($53.37). Approximately 40,612 shares traded hands during mid-day trading, The stock had previously closed at €52.25 ($55.00).

Siltronic Price Performance

The business’s 50-day moving average price is €54.03 and its 200 day moving average price is €66.14.

Siltronic Company Profile

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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.

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