Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s share price gapped down before the market opened on Thursday. The stock had previously closed at $187.80, but opened at $167.97. Soitec shares last traded at $167.97, with a volume of 1,648 shares changing hands.
Soitec Stock Performance
The company has a debt-to-equity ratio of 0.39, a current ratio of 3.89 and a quick ratio of 3.19. The business has a fifty day simple moving average of $149.57 and a two-hundred day simple moving average of $136.77.
About Soitec
Soitec is a France-based semiconductor materials company that develops and manufactures engineered substrates used in the production of advanced electronic chips. Its materials are designed to improve semiconductor performance, power efficiency, operating speed and cost across applications including mobile communications, automotive systems, industrial equipment, artificial intelligence and consumer electronics.
The company is best known for silicon-on-insulator (SOI) substrates produced using its Smart Cut technology.
See Also
- Five stocks we like better than Soitec
- Does Lemonade’s Growth Signal Profits Ahead?
- These 3 ETFs Could Benefit From the Parts of Inflation That Won’t Go Away
- Why Light Is the New AI Bottleneck—And 3 Photonics Stocks to Play It
- Nasdaq’s Business Is Outrunning Its Stock
Receive News & Ratings for Soitec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Soitec and related companies with MarketBeat.com's FREE daily email newsletter.
