Hua Hong Semiconductor (OTCMKTS:HHUSF) Shares Up 0.7% – Here’s What Happened

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) was up 0.7% during trading on Tuesday . The stock traded as high as C$9.72 and last traded at C$9.72. Approximately 230 shares traded hands during trading, a decline of 82% from the average daily volume of 1,286 shares. The stock had previously closed at C$9.66.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Hua Hong Semiconductor to a “buy” rating in a research report on Wednesday, September 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Hua Hong Semiconductor Stock Performance

The business has a fifty day simple moving average of C$10.58 and a 200 day simple moving average of C$7.80.

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.