Soitec SA (OTCMKTS:SLOIF – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $188.00 and last traded at $184.99, with a volume of 21475 shares trading hands. The stock had previously closed at $179.25.
Soitec Stock Performance
The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.85 and a current ratio of 2.39. The stock’s 50 day simple moving average is $82.01 and its two-hundred day simple moving average is $52.50.
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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