Revenues Working Against Soitec SA’s (EPA:SOI) Share Price Following 43% Dive

Soitec SA (EPA:SOI) shareholders that were waiting for something to happen have been dealt a blow with a 43% share price drop in the last month. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 65% loss during that time.

In spite of the heavy fall in price, it would still be understandable if you think Soitec is a stock with good investment prospects with a price-to-sales ratios (or “P/S”) of 1.1x, considering almost half the companies in France’s Semiconductor industry have P/S ratios above 1.6x. However, the P/S might be low for a reason and it requires further investigation to determine if it’s justified.

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