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

Soitec SA (OTCMKTS:SLOIFGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $60.00 and last traded at $63.12, with a volume of 251 shares changing hands. The stock had previously closed at $83.19.

Soitec Trading Down 24.1 %

The company has a debt-to-equity ratio of 0.45, a current ratio of 3.88 and a quick ratio of 3.15. The stock’s 50-day moving average is $87.61 and its 200 day moving average is $99.73.

Soitec Company Profile

(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).

Further Reading

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