Soitec SA (OTCMKTS:SLOIF – Get Free Report) shot up 5.1% during mid-day trading on Friday . The company traded as high as $50.36 and last traded at $50.36. 1,110 shares were traded during trading, a decline of 47% from the average session volume of 2,100 shares. The stock had previously closed at $47.8940.
Soitec Trading Up 5.1%
The company’s fifty day simple moving average is $36.94 and its two-hundred day simple moving average is $39.07. The company has a quick ratio of 1.85, a current ratio of 2.39 and a debt-to-equity ratio of 0.36.
Soitec Company Profile
Soitec is a France‐based semiconductor materials company specializing in the design and manufacture of engineered substrates for the microelectronics industry. Its core technology, known as Smart Cut®, enables the production of high-performance wafers such as silicon-on-insulator (SOI), gallium nitride-on-insulator (GaN-OI) and other advanced material platforms. These substrates are used by semiconductor manufacturers to improve device performance, reduce power consumption and integrate new functions in applications ranging from mobile devices to data centers.
The company’s product portfolio includes a variety of engineered wafers tailored for radio frequency (RF) applications, power management, and photonics.
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