Soitec SA (OTCMKTS:SLOIF – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $100.63, but opened at $110.26. Soitec shares last traded at $110.70, with a volume of 145 shares traded.
Soitec Trading Up 9.3%
The company has a current ratio of 3.89, a quick ratio of 3.19 and a debt-to-equity ratio of 0.39. The company has a fifty day moving average price of $152.08 and a two-hundred day moving average price of $118.67.
Soitec Company Profile
Soitec is a French semiconductor materials company that designs and manufactures engineered substrates used by chipmakers. Rather than producing finished chips, it supplies specialized wafer materials intended to help improve the performance and efficiency of semiconductor devices.
Its products include silicon-on-insulator wafers, such as RF-SOI and FD-SOI, as well as substrates for applications including radio-frequency electronics, power devices and photonics. These materials are used in technologies serving mobile communications, automotive electronics, data infrastructure and other markets.
Founded in 1992 and headquartered in Bernin, France, Soitec serves customers in international semiconductor markets and operates manufacturing facilities in France and Singapore.
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