Soitec SA (OTCMKTS:SLOIF – Get Free Report) dropped 16.1% during mid-day trading on Thursday. The stock traded as low as $106.20 and last traded at $106.20. 672 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 10,513 shares. The stock had previously closed at $126.61.
Soitec Stock Performance
The company has a quick ratio of 3.19, a current ratio of 3.89 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average of $153.02 and a 200-day moving average of $117.98.
Soitec Company Profile
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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