Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s share price rose 7.3% on Tuesday. The stock traded as high as $113.24 and last traded at $111.5759. 302 shares traded hands during trading, a decline of 97% from the average daily volume of 10,473 shares. The stock had previously closed at $104.01.
Soitec Trading Down 5.4%
The business’s fifty day moving average price is $151.90 and its 200-day moving average price is $119.07. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.19 and a current ratio of 3.89.
Soitec Company Profile
Soitec is a French semiconductor materials company that designs and manufactures engineered substrates used by chipmakers. Rather than producing finished chips, it supplies specialized wafer materials intended to help improve the performance and efficiency of semiconductor devices.
Its products include silicon-on-insulator wafers, such as RF-SOI and FD-SOI, as well as substrates for applications including radio-frequency electronics, power devices and photonics. These materials are used in technologies serving mobile communications, automotive electronics, data infrastructure and other markets.
Founded in 1992 and headquartered in Bernin, France, Soitec serves customers in international semiconductor markets and operates manufacturing facilities in France and Singapore.
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