Soitec SA (OTCMKTS:SLOIF – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 1,300 shares traded hands during trading, an increase of 225% from the previous session’s volume of 400 shares.The stock last traded at $31.75 and had previously closed at $34.62.
Soitec Price Performance
The company has a current ratio of 2.39, a quick ratio of 1.85 and a debt-to-equity ratio of 0.36. The firm’s 50-day moving average is $29.99 and its 200-day moving average is $40.09.
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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