Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s stock price was up 5.1% on Friday . The stock traded as high as $50.36 and last traded at $50.36. Approximately 1,110 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 2,100 shares. The stock had previously closed at $47.8940.
Soitec Stock Up 3.1%
The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.85 and a current ratio of 2.39. The business’s 50-day simple moving average is $37.40 and its 200-day simple moving average is $39.10.
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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