Soitec (OTCMKTS:SLOIF) Sees Strong Trading Volume – What’s Next?

Soitec SA (OTCMKTS:SLOIFGet Free Report) shares saw unusually-high trading volume on Friday . Approximately 1,300 shares were traded during trading, an increase of 225% from the previous session’s volume of 400 shares.The stock last traded at $31.75 and had previously closed at $34.62.

Soitec Stock Down 5.6%

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 business has a fifty day moving average of $30.05 and a two-hundred day moving average of $39.81.

Soitec Company Profile

(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.

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