Shares of Soitec SA (OTCMKTS:SLOIF – Get Free Report) fell 10.1% on Friday. The stock traded as low as $134.91 and last traded at $134.91. 433 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 10,688 shares. The stock had previously closed at $150.00.
Soitec Trading Down 11.2%
The company has a quick ratio of 3.19, a current ratio of 3.89 and a debt-to-equity ratio of 0.39. The company’s fifty day moving average price is $152.47 and its two-hundred day moving average price is $115.98.
About Soitec
Soitec is a France-based semiconductor materials company that develops and manufactures engineered substrates used in the production of advanced integrated circuits. Its wafer technologies are designed to improve semiconductor performance, energy efficiency, and manufacturing capabilities across a range of electronic applications.
The company’s product portfolio includes silicon-on-insulator substrates, including RF-SOI and FD-SOI products, as well as SmartSiC silicon-carbide substrates and SmartGaN gallium-nitride substrates.
Further Reading
- Five stocks we like better than Soitec
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Soitec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Soitec and related companies with MarketBeat.com's FREE daily email newsletter.
