Soitec SA (OTCMKTS:SLOIY – Get Free Report) was down 11.6% during mid-day trading on Thursday . The stock traded as low as $53.02 and last traded at $53.02. Approximately 291 shares traded hands during trading, a decline of 41% from the average daily volume of 490 shares. The stock had previously closed at $60.00.
Soitec Trading Down 11.6 %
The firm’s 50-day moving average price is $54.91 and its two-hundred day moving average price is $68.69.
About Soitec
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 offers Fully Depleted Silicon-On-Insulator (FD-SOI) for automotive radar and processors, and PD-SOI and FinFET-SOI products for high-performance computing markets.
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