Soitec SA (OTCMKTS:SLOIF – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $226.09, but opened at $215.00. Soitec shares last traded at $212.7320, with a volume of 951 shares traded.
Soitec Stock 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 business’s fifty day moving average is $121.74 and its 200 day moving average is $67.07.
About Soitec
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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