Shares of Soitec SA (OTCMKTS:SLOIY – Get Free Report) rose 13.2% during trading on Friday . The stock traded as high as $35.75 and last traded at $35.75. Approximately 151 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 370 shares. The stock had previously closed at $31.58.
Soitec Stock Performance
The stock’s 50 day simple moving average is $49.91 and its two-hundred day simple moving average is $55.71.
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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