Siltronic (FRA:WAF) Shares Down 5.4% – Here’s What Happened

Siltronic AG (FRA:WAF)’s stock price traded down 5.4% during mid-day trading on Tuesday . The company traded as low as €78.50 and last traded at €78.50. 83,573 shares traded hands during mid-day trading, The stock had previously closed at €82.95.

Siltronic Stock Down 5.4%

The firm has a fifty day simple moving average of €90.40 and a 200-day simple moving average of €70.97.

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. Its products are used in computers, smartphones, industrial equipment, wind turbines, and cars with and without electric drives.