Soitec SA (OTCMKTS:SLOIF – Get Free Report) shares gapped down before the market opened on Wednesday. The stock had previously closed at $171.18, but opened at $158.2580. Soitec shares last traded at $158.1850, with a volume of 39 shares trading hands.
Soitec Price Performance
The stock has a fifty day simple moving average of $153.11 and a 200 day simple moving average of $139.84. The company has a quick ratio of 3.19, a current ratio of 3.89 and a debt-to-equity ratio of 0.39.
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.
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