Zacks Investment Research upgraded Sunedison Semiconductor Ltd (NASDAQ:SEMI) to Hold in a statement released earlier today.
- Updated: October 2, 2016
Zacks Investment Research has upgraded Sunedison Semiconductor Ltd (NASDAQ:SEMI) to Hold in a report released on Wednesday September 28, 2016.
Just yesterday Sunedison Semiconductor Ltd (NASDAQ:SEMI) traded -0.09% lower at $11.29. The company’s 50-day moving average is $11.07 and its 200-day moving average is $7.18. The last stock price is up 58.54% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trade Volume was down over the average, with 463,562 shares of SEMI changing hands under the typical 1,022,680
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Sunedison Semiconductor Ltd has with a one year low of $3.24 and a one year high of $11.82 and has a total market value of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 6 firms have reported on the company. The average stock price target is $10.22 with zero equity analysts rating the company a strong buy, zero brokerages rating the company a buy, zero analysts rating the stock a hold, 0 brokers rating the company a underperform, and lastly 0 firms rating the stock a sell.
Brief Synopsis About 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, discrete and image sensors.
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