X-FAB Silicon Foundries (OTC:XFABF) Shares Up 4.3% – Here’s Why

Shares of X-FAB Silicon Foundries SE (OTC:XFABFGet Free Report) rose 4.3% during mid-day trading on Wednesday . The company traded as high as $5.77 and last traded at $5.77. Approximately 150 shares were traded during trading, a decline of 91% from the average daily volume of 1,598 shares. The stock had previously closed at $5.53.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lowered X-FAB Silicon Foundries from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

View Our Latest Analysis on XFABF

X-FAB Silicon Foundries Stock Up 4.3%

The firm’s 50-day moving average price is $6.85 and its 200-day moving average price is $7.23.

X-FAB Silicon Foundries Company Profile

(Get Free Report)

-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems.

Further Reading

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