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Soitec (OTCMKTS:SLOIF) Trading Up 6.7% - Here's What Happened

Soitec logo with Computer and Technology background

Soitec SA (OTCMKTS:SLOIF - Get Free Report)'s stock price shot up 6.7% on Tuesday . The company traded as high as $61.93 and last traded at $60.25. 2,320 shares were traded during trading, an increase of 686% from the average session volume of 295 shares. The stock had previously closed at $56.47.

Soitec Price Performance

The business has a 50-day moving average price of $51.11 and a two-hundred day moving average price of $67.38. The company has a current ratio of 3.88, a quick ratio of 3.15 and a debt-to-equity ratio of 0.45.

Soitec Company Profile

(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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