Hua Hong Semiconductor (OTCMKTS:HHUSF) Shares Down 7.5% – Here’s Why

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) dropped 7.5% during mid-day trading on Wednesday . The company traded as low as C$11.75 and last traded at C$11.75. Approximately 100 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 380 shares. The stock had previously closed at C$12.70.

Hua Hong Semiconductor Trading Down 7.5%

The company’s 50 day moving average price is C$10.98 and its 200 day moving average price is C$10.38.

About Hua Hong Semiconductor

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) is a pure‐play semiconductor foundry headquartered in Shanghai, China. The company specializes in the research, development and manufacture of integrated circuits, offering a diverse suite of process technologies on both 200mm and 300mm wafers. Its core offerings span from mature nodes for power management and radio‐frequency applications to specialty technologies such as gallium nitride (GaN) and CMOS image sensors, serving a wide spectrum of end markets including communications, consumer electronics, industrial controls and automotive systems.

Operating multiple fabrication facilities, Hua Hong Semiconductor maintains advanced manufacturing sites in Shanghai and Wuxi.