Soitec (OTCMKTS:SLOIF – Get Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.
Soitec Price Performance
OTCMKTS:SLOIF opened at $159.35 on Thursday. The firm’s fifty day moving average price is $135.93 and its 200 day moving average price is $72.71. Soitec has a 1-year low of $24.57 and a 1-year high of $226.22. The company has a current ratio of 2.39, a quick ratio of 1.85 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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