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Soitec (OTCMKTS:SLOIF) Sees Strong Trading Volume - Time to Buy?

Soitec logo with Computer and Technology background

Shares of Soitec SA (OTCMKTS:SLOIF - Get Free Report) saw strong trading volume on Thursday . 2,000 shares traded hands during trading, an increase of 405% from the previous session's volume of 396 shares.The stock last traded at $56.40 and had previously closed at $55.05.

Soitec Price Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.72 and a current ratio of 2.03. The company's 50-day simple moving average is $53.18 and its 200 day simple moving average is $62.50.

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).

Further Reading

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