Soitec SA (OTCMKTS:SLOIY – Get Free Report)’s share price dropped 19.2% during trading on Thursday . The stock traded as low as $28.88 and last traded at $28.88. Approximately 187 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 369 shares. The stock had previously closed at $35.75.
Soitec Price Performance
The company has a 50 day moving average of $31.42 and a 200 day moving average of $39.78.
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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