IQE (LON:IQE) Trading Down 5.8% – Here’s Why

IQE plc (LON:IQEGet Free Report)’s share price traded down 5.8% during mid-day trading on Wednesday . The stock traded as low as GBX 13.54 ($0.17) and last traded at GBX 13.66 ($0.17). 4,013,634 shares traded hands during mid-day trading, an increase of 24% from the average session volume of 3,228,894 shares. The stock had previously closed at GBX 14.50 ($0.18).

IQE Stock Performance

The firm has a 50 day moving average of GBX 11.95 and a 200-day moving average of GBX 17.96. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The stock has a market capitalization of £144.07 million, a PE ratio of -745.00, a P/E/G ratio of 12.70 and a beta of 1.86.

About IQE

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

Further Reading

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