Soitec SA (OTCMKTS:SLOIF - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $103.40 and last traded at $102.56, with a volume of 44434 shares trading hands. The stock had previously closed at $91.5375.
Soitec Stock Performance
The stock's 50 day moving average is $57.57 and its 200 day moving average is $44.28. The company has a quick ratio of 1.85, a current ratio of 2.39 and a debt-to-equity ratio of 0.36.
Soitec Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Soitec, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Soitec wasn't on the list.
While Soitec currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.