IQE plc (LON:IQE – Get Free Report) fell 7.4% during mid-day trading on Monday . The company traded as low as GBX 17.98 ($0.24) and last traded at GBX 18.12 ($0.24). 6,667,549 shares were traded during mid-day trading, an increase of 101% from the average session volume of 3,314,211 shares. The stock had previously closed at GBX 19.58 ($0.26).
IQE Stock Down 7.4 %
The company has a current ratio of 1.26, a quick ratio of 0.97 and a debt-to-equity ratio of 31.89. The firm has a market capitalization of £175.19 million, a price-to-earnings ratio of -906.00, a PEG ratio of 12.70 and a beta of 1.87. The stock has a fifty day moving average of GBX 28.39 and a 200-day moving average of GBX 27.96.
IQE Company Profile
IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.
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