Siltronic (FRA:WAF) Trading Up 2.7% – Should You Buy?

Siltronic AG (FRA:WAF) shot up 2.7% during mid-day trading on Monday . The company traded as high as €44.54 ($46.40) and last traded at €44.00 ($45.83). 115,622 shares traded hands during trading, The stock had previously closed at €42.84 ($44.63).

Siltronic Stock Performance

The firm has a 50-day simple moving average of €46.71 and a two-hundred day simple moving average of €59.65.

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.