Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s stock price fell 11.6% during mid-day trading on Thursday. The company traded as low as $127.19 and last traded at $127.2472. 247 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 10,966 shares. The stock had previously closed at $143.90.
Soitec Stock Performance
The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.19 and a current ratio of 3.89. The firm has a 50-day moving average of $153.70 and a 200 day moving average of $143.41.
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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