Siltronic (FRA:WAF) Trading Up 4% – Still a Buy?

Siltronic AG (FRA:WAF – Get Free Report) shares were up 4% during trading on Tuesday . The company traded as high as €99.10 and last traded at €97.70. Approximately 143,269 shares were traded during trading, The stock had previously closed at €93.90.

Siltronic Stock Performance

The company’s 50 day moving average price is €82.41 and its 200 day moving average price is €62.68.

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

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