Soitec (OTCMKTS:SLOIY) Stock Rating Reaffirmed by Deutsche Bank Aktiengesellschaft

Soitec (OTCMKTS:SLOIY)‘s stock had its “hold” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Tuesday, The Fly reports.

A number of other brokerages also recently issued reports on SLOIY. Berenberg Bank reiterated a “buy” rating on shares of Soitec in a research report on Monday, November 23rd. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Soitec in a research report on Wednesday, December 9th.

Shares of SLOIY stock opened at $100.00 on Tuesday. The business’s 50 day simple moving average is $94.13. Soitec has a 12-month low of $73.25 and a 12-month high of $108.14.

Soitec Company Profile

Soitec SA designs and produces semiconductor materials in the United States, Europe, and Asia. It offers silicon-on-insulator (SOI) wafers for processor and connectivity system on chips (SoCs), including partially-depleted SOI, fully-depleted SOI, and FinFET products. The company also provides RFeSI-SOI for enhanced signal integrity substrates for LTE and LTE-advanced front-end module ICs; iFEM-SOI substrates for Wi-Fi, Internet of Things, and other consumer applications; and HR-SOI products.

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