Soitec SA (OTCMKTS:SLOIY) Stock Rated “Hold” by Sell-Side Analysts

Soitec SA (OTCMKTS:SLOIY) has been given a consensus rating of “Hold” by the seven research firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation and four have issued a buy recommendation on the company.

Several equities research analysts have issued reports on the company. Oddo Bhf upgraded Soitec from a “neutral” rating to an “outperform” rating in a research report on Thursday, September 3rd. Barclays raised shares of Soitec from an “equal weight” rating to an “overweight” rating in a report on Friday, September 18th. UBS Group downgraded Soitec from a “neutral” rating to a “sell” rating in a report on Monday, June 15th. Citigroup reiterated a “sell” rating on shares of Soitec in a report on Thursday, August 13th. Finally, Jefferies Financial Group downgraded Soitec from a “hold” rating to an “underperform” rating in a report on Wednesday, June 10th.

Soitec Price Performance

SLOIY stock opened at $89.12 on Friday. Soitec has a 1-year low of $13.13 and a 1-year high of $114.37. The stock’s fifty day simple moving average is $72.55 and its two-hundred day simple moving average is $66.89.

Soitec Company Profile

Soitec is a France-based semiconductor materials company that develops and manufactures engineered substrates used in the production of advanced electronic chips. Its materials are designed to improve semiconductor performance, energy efficiency, thermal management and integration, supporting applications across mobile communications, automotive electronics, industrial systems, consumer devices and high-performance computing.

The company’s product portfolio includes silicon-on-insulator (SOI) substrates, including its FD-SOI and RF-SOI platforms, as well as engineered substrates based on silicon carbide, gallium nitride and other advanced materials.