Soitec SA (OTCMKTS:SLOIF – Get Free Report) shares rose 7.3% during mid-day trading on Tuesday. The company traded as high as $113.24 and last traded at $111.5759. 302 shares changed hands during trading, a decline of 97% from the average session volume of 10,473 shares. The stock had previously closed at $104.01.
Soitec Price Performance
The company has a current ratio of 3.89, a quick ratio of 3.19 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average price of $151.32 and a 200-day moving average price of $119.88.
Soitec Company Profile
Soitec is a French semiconductor materials company that designs and manufactures engineered substrates used by chipmakers. Rather than producing finished chips, it supplies specialized wafer materials intended to help improve the performance and efficiency of semiconductor devices. Its products include silicon-on-insulator wafers, such as RF-SOI and FD-SOI, as well as substrates for applications including radio-frequency electronics, power devices and photonics. These materials are used in technologies serving mobile communications, automotive electronics, data infrastructure and other markets.
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