Semiconductor Manufacturing International (OTCMKTS:SMICY) Downgraded to “Neutral” at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Semiconductor Manufacturing International (OTCMKTS:SMICYGet Rating) from a buy rating to a neutral rating in a report published on Monday morning, The Fly reports.

Semiconductor Manufacturing International Stock Performance

Shares of SMICY opened at $14.00 on Monday. The firm has a 50-day moving average price of $14.00 and a 200 day moving average price of $14.00. The firm has a market capitalization of $16.13 billion, a PE ratio of 66.67 and a beta of 0.70. The company has a quick ratio of 3.15, a current ratio of 3.31 and a debt-to-equity ratio of 0.14. Semiconductor Manufacturing International has a 52-week low of $7.00 and a 52-week high of $27.54.

About Semiconductor Manufacturing International

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Semiconductor Manufacturing International Corporation, an investment holding company, engages in the computer-aided design, manufacture, testing, packaging, and trading of integrated circuits (IC) and other semiconductor services. It is also involved in wafer manufacturing, wafer probing and bumping, technology development, design service, mask manufacturing, and assembly and final testing of integrated circuits; and sale of self-manufactured products.

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