Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s share price traded down 5.1% on Tuesday . The company traded as low as $190.15 and last traded at $194.7640. 15,942 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 18,997 shares. The stock had previously closed at $205.2350.
Soitec Price Performance
The company has a quick ratio of 1.85, a current ratio of 2.39 and a debt-to-equity ratio of 0.36. The company’s fifty day moving average price is $121.74 and its 200-day moving average price is $67.07.
Soitec Company Profile
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.
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