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Deutsche Bank AG downgraded Sunedison Semiconductor Ltd (NASDAQ:SEMI) to Hold in a report released today.

Only yesterday Sunedison Semiconductor Ltd (NASDAQ:SEMI) traded 0.09% lower at $11.50. Sunedison Semiconductor Ltd’s 50-day average is $9.83 and its two hundred day moving average is $6.87. With the last stock close up 66.58% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. Volume of trade was was down over the average, with 329,913 shares of SEMI changing hands under the typical 967,873 shares..

Deutsche Bank AG has downgraded Sunedison Semiconductor Ltd(NASDAQ:SEMI) to Hold in a statement released 8/19/2016.

Recent Performance Chart:

Sunedison Semiconductor Ltd (NASDAQ:SEMI)

Also covering Sunedison Semiconductor Ltd’s stock price target, a total of 6 firms have issued a research note on Sunedison Semiconductor Ltd. The average target price is $10.22 with 0 rating the company a strong buy, 0 rating the stock a buy, 0 firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 analysts rating the stock as sell.

Sunedison Semiconductor Ltd has a 52 week low of $3.24 and a one-year high of $12.76 and has a market capitalization of $0.0.

General Company Details For Sunedison Semiconductor Ltd (NASDAQ:SEMI)

SunEdison Semiconductor Limited is engaged in the development, manufacture and sale of silicon wafers to the semiconductor industry. The Company also develops advanced substrates, such as epitaxial (EPI) wafers and wafers for the silicon-on-insulator (SOI) market, which enable computing and communications applications. Its products include polished wafers, EPI wafers and SOI wafers. The Company sells its products to the semiconductor manufacturers around the world, including integrated device manufacturers, pure-play semiconductor foundries and companies that specialize in wafer customization. It operates facilities in semiconductor manufacturing regions throughout the world, including Taiwan, Malaysia, South Korea, Italy, Japan, and the United States. Its wafers are used as the base substrate for the manufacture of various types of semiconductor devices, including microprocessors, memory, analog, mixed-signal and radio frequency (RF) integrated circuits, and discrete and image sensors.

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