Soitec SA (OTCMKTS:SLOIY – Get Free Report)’s share price fell 10.7% during mid-day trading on Thursday . The company traded as low as $52.00 and last traded at $52.00. 400 shares traded hands during mid-day trading, an increase of 1% from the average session volume of 397 shares. The stock had previously closed at $58.23.
Soitec Stock Performance
The firm’s 50 day moving average is $61.37 and its 200 day moving average is $59.02.
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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