Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s stock price fell 10.7% on Monday . The stock traded as low as $178.00 and last traded at $183.89. 2,041 shares changed hands during trading, a decline of 89% from the average session volume of 18,924 shares. The stock had previously closed at $206.00.
Soitec Stock Down 17.0%
The company has a fifty day moving average of $124.41 and a two-hundred day moving average of $68.16. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.85 and a current ratio of 2.39.
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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