Soitec SA (OTCMKTS:SLOIF – Get Free Report)’s stock price fell 11.6% on Thursday. The stock traded as low as $127.19 and last traded at $127.2472. Approximately 247 shares were traded during mid-day trading, a decline of 98% from the average session volume of 10,966 shares. The stock had previously closed at $143.90.
Soitec Stock Performance
The stock’s 50-day moving average is $153.70 and its 200-day moving average is $143.41. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.19 and a current ratio of 3.89.
About Soitec
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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