Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $34.70, but opened at $32.2650. Soitec shares last traded at $32.2650, with a volume of 200 shares trading hands.
Soitec Stock Performance
The company has a 50 day simple moving average of $31.02 and a 200-day simple moving average of $41.13.
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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