Soitec SA (OTCMKTS:SLOIF - Get Free Report) was up 7.9% on Friday . The company traded as high as $129.48 and last traded at $129.48. Approximately 642 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 18,430 shares. The stock had previously closed at $120.01.
Soitec Stock Up 8.3%
The company's 50 day moving average price is $65.48 and its 200-day moving average price is $46.88. 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
(
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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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