Soitec SA (OTCMKTS:SLOIF – Get Free Report) shares fell 11.6% during trading on Thursday. The stock traded as low as $127.19 and last traded at $127.2472. Approximately 247 shares traded hands during trading, a decline of 98% from the average daily volume of 10,966 shares. The stock had previously closed at $143.90.
Soitec Trading Down 1.0%
The company has a debt-to-equity ratio of 0.39, a current ratio of 3.89 and a quick ratio of 3.19. The company has a fifty day moving average price of $152.64 and a 200-day moving average price of $143.76.
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.
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