Soitec SA (OTCMKTS:SLOIF - Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $42.19 and last traded at $42.19, with a volume of 80 shares. The stock had previously closed at $48.14.
Analyst Ratings Changes
Separately, Citigroup cut shares of Soitec from a "hold" rating to a "strong sell" rating in a research note on Tuesday, July 15th.
View Our Latest Report on Soitec
Soitec Stock Down 12.4%
The company has a debt-to-equity ratio of 0.24, a current ratio of 2.03 and a quick ratio of 1.72. The business has a 50-day moving average of $54.77 and a 200 day moving average of $58.28.
About Soitec
(
Get Free Report)
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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