Soitec (OTCMKTS:SLOIF) Reaches New 52-Week Low – Should You Sell?

Soitec SA (OTCMKTS:SLOIFGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as $88.87 and last traded at $88.87, with a volume of 17 shares changing hands. The stock had previously closed at $94.74.

Soitec Stock Performance

The company has a current ratio of 3.28, a quick ratio of 2.81 and a debt-to-equity ratio of 0.45. The stock’s fifty day moving average is $117.70 and its two-hundred day moving average is $110.75.

About Soitec

(Get Free Report)

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 provides CONNECT Radio Frequency Silicon-on-Insulator (RF-SOI) for smartphone front-end modules; CONNECT Piezoelectric-on-Insulator RF filters for smartphone; and CONNECT RF gallium nitride for 5g infrastructure base stations and smartphones, as well as CONNECT Fully Depleted Silicon-On-Insulator (FD-SOI).

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