Shares of Soitec SA (OTCMKTS:SLOIY – Get Free Report) rose 13.2% during mid-day trading on Friday . The company traded as high as $35.75 and last traded at $35.75. Approximately 151 shares traded hands during trading, a decline of 59% from the average daily volume of 370 shares. The stock had previously closed at $31.58.
Soitec Price Performance
The firm has a 50 day moving average price of $49.91 and a 200-day moving average price of $55.71.
Soitec Company Profile
Soitec SA designs and manufactures semiconductor materials worldwide. Its products are used to manufacture chips that are used in smart phones, tablets, computers, IT servers, and data centers, as well as electronic components in cars, connected devices, and industrial and medical equipment. It offers Fully Depleted Silicon-On-Insulator (FD-SOI) for automotive radar and processors, and PD-SOI and FinFET-SOI products for high-performance computing markets.
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