Soitec (OTCMKTS:SLOIF) Hits New 12-Month High - Here's Why

Key Points

• Soitec hit a new 52-week high, trading as high as $188.00 and last at $184.99 on Wednesday with a volume of 21,475 shares (previous close $179.25).
• The stock is trading well above its technical averages — the 50-day moving average is $76.89 and the 200-day moving average is $50.69 — reflecting a substantial recent run-up.
• Company profile and fundamentals: Soitec is a France-based semiconductor materials maker known for its Smart Cut® technology producing SOI and GaN-OI substrates used in RF, power, and photonics, with a debt-to-equity of 0.36, quick ratio 1.85 and current ratio 2.39.

Soitec SA (OTCMKTS:SLOIF - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $188.00 and last traded at $184.99, with a volume of 21475 shares. The stock had previously closed at $179.25.

Soitec Price Performance

The company has a 50-day moving average of $76.89 and a 200 day moving average of $50.69. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.85 and a current ratio of 2.39.

About Soitec

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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