Siltronic Stocks

Siltronic AG (WAFGn.DE) is a Germany-based company and one of the world's leading producers of hyperpure silicon wafers used in micro- and nanotechnology. As of September 25, 2023, it has a market capitalization of €2.19 billion. Founded in 1968, it has a long history of precision and innovation in the semiconductor industry.

The company went public in 2015 and is currently listed on the Frankfurt Stock Exchange. With its headquarters in Munich, the company offers a range of products, including polished wafers, epitaxial wafers, and annealed wafers. The company continues to be a key player in the global semiconductor market, contributing to advancements in technology and serving as a trusted partner to major industry players.

Siltronic AG stock has had its ups and downs. At its highest price in January 2021, the stock was valued at €147.350 per share. However, the stock crashed to its lowest point in March 2020 due to the COVID-19 pandemic, reaching a value of €46.560 per share.

As a trader, you may consider using various trading strategies when trading the stock. Examples include: Day trading which involves buying and selling the stock within a day, while swing trading involves holding onto the stock for a few days to a few weeks. Scalping trading is another strategy that involves buying and selling the stock quickly for small profits. As a trader, you should choose a strategy that best fits your trading style and goals. Traders may also use tools and indicators to analyze the stock before trading. For example moving averages is a helpful tool that traders use to identify the direction of the trend. Another one is MACD.

If you're planning to start trading Siltronic AG stock, it's important to consider the competition. They include but not limited to:

• Taiwan Semiconductor Manufacturing Company (TSM.US): Taiwan Semiconductor Manufacturing Company, commonly known as TSMC, is one of the world's largest and most influential semiconductor foundries. Founded in 1987 and headquartered in Hsinchu, Taiwan, TSMC plays a crucial role in the global semiconductor industry by manufacturing integrated circuits (ICs) for a wide range of customers, including fabless semiconductor companies and major technology giants.
• Applied Materials, Inc. (AMAT.US): Applied Materials is a major global leader in materials engineering solutions for the semiconductor and display industries. Founded in 1967 and headquartered in Santa Clara, California, the company provides equipment, services, and software to support the production of advanced semiconductor chips and displays used in various electronic devices.