Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $132.6650, but opened at $126.90. Soitec shares last traded at $127.40, with a volume of 1,115 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of Soitec to a “hold” rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Soitec currently has an average rating of “Reduce”.
Check Out Our Latest Stock Analysis on SLOIF
Soitec Trading Up 9.2%
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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