Shares of Soitec SA (OTCMKTS:SLOIF – Get Free Report) dropped 1.9% during mid-day trading on Friday . The company traded as low as $87.96 and last traded at $87.96. Approximately 260 shares traded hands during mid-day trading, an increase of 13,233% from the average daily volume of 2 shares. The stock had previously closed at $89.65.
Soitec Stock Performance
The firm has a 50-day moving average of $84.05 and a 200 day moving average of $102.27. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.88 and a quick ratio of 3.15.
About Soitec
Soitec SA designs and manufactures semiconductor materials worldwide. Its products are used to manufacture chips that are used in smart phones, tablets, computers, IT servers, and data centers, as well as electronic components in cars, connected devices, and industrial and medical equipment. It provides CONNECT Radio Frequency Silicon-on-Insulator (RF-SOI) for smartphone front-end modules; CONNECT Piezoelectric-on-Insulator RF filters for smartphone; and CONNECT RF gallium nitride for 5g infrastructure base stations and smartphones, as well as CONNECT Fully Depleted Silicon-On-Insulator (FD-SOI).
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