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Soitec (OTCMKTS:SLOIF) Shares Up 6.7% - Should You Buy?

Soitec logo with Computer and Technology background

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

Soitec Stock Down 17.0%

The stock has a 50-day moving average price of $51.36 and a 200-day moving average price of $67.81. 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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