Soitec (OTCMKTS:SLOIF) Shares Gap Down – Here’s What Happened

Soitec SA (OTCMKTS:SLOIFGet Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $28.1650, but opened at $26.6950. Soitec shares last traded at $26.6950, with a volume of 278 shares.

Soitec Stock Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 2.03 and a quick ratio of 1.72. The business has a fifty day simple moving average of $36.81 and a two-hundred day simple moving average of $43.82.

About Soitec

(Get Free Report)

Soitec is a France‐based semiconductor materials company specializing in the design and manufacture of engineered substrates for the microelectronics industry. Its core technology, known as Smart Cut®, enables the production of high-performance wafers such as silicon-on-insulator (SOI), gallium nitride-on-insulator (GaN-OI) and other advanced material platforms. These substrates are used by semiconductor manufacturers to improve device performance, reduce power consumption and integrate new functions in applications ranging from mobile devices to data centers.

The company’s product portfolio includes a variety of engineered wafers tailored for radio frequency (RF) applications, power management, and photonics.

Featured Stories

Receive News & Ratings for Soitec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Soitec and related companies with MarketBeat.com's FREE daily email newsletter.