SOITEC Stock Went Down By Over 13% So Far Today

(VIANEWS) – Shares of SOITEC (CAC 40: SOI.PA) fell by a staggering 13.19% to €131.95 at 11:07 EST on Thursday, after two sequential sessions in a row of losses. CAC 40 is rising 0.4% to €7,496.44, after three successive sessions in a row of losses. This seems, so far, a somewhat bullish trend exchanging session today.

SOITEC’s last close was €149.65, 15.16% under its 52-week high of €176.40.

About SOITEC

Soitec S.A. 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. The company also offers RF-SOI substrates for front-end module devices, as well as 4G LTE and new 5G sub-6 GHz/ mmWave smartphones. In addition, it offers power-SOI products that address the requirements for integrating high and low voltage functions in power IC devices for automotive and industry markets. Further, the company offers Smart photonics-SOI products for optical networking; Smart Imager-SOI products for next generation 3D image sensing; Auto Smartsic for green mobility; Connect RF-GaN for 5G infrastructure architecture and smartphone power amplifier markets; Connect-POI engineered substrates for high performance surface acoustic wave filter; and Gallium Nitride (GAN) Epitaxial wafers for energy efficient power management system. Soitec S.A. was incorporated in 1992 and is headquartered in Bernin, France.

Earnings Per Share

As for profitability, SOITEC has a trailing twelve months EPS of €5.45.

PE Ratio

SOITEC has a trailing twelve months price to earnings ratio of 24.21. Meaning, the purchaser of the share is investing €24.21 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.86%.

Volatility

SOITEC’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.72%, a positive 0.64%, and a positive 2.04%.

SOITEC’s highest amplitude of average volatility was 0.81% (last week), 2.28% (last month), and 2.04% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SOITEC’s stock is considered to be overbought (>=80).

Volume

Today’s last reported volume for SOITEC is 143953 which is 85.93% above its average volume of 77420.

More news about SOITEC (SOI.PA).

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