IQE (LON:IQE) Trading Down 4.5% – Here’s What Happened

IQE plc (LON:IQEGet Free Report)’s share price fell 4.5% on Wednesday . The stock traded as low as GBX 13.78 ($0.17) and last traded at GBX 13.84 ($0.17). 1,627,671 shares were traded during mid-day trading, a decline of 48% from the average session volume of 3,109,595 shares. The stock had previously closed at GBX 14.50 ($0.18).

IQE Price Performance

The firm has a market cap of £132.08 million, a price-to-earnings ratio of -683.00, a P/E/G ratio of 12.70 and a beta of 1.86. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The stock’s fifty day moving average price is GBX 11.81 and its 200-day moving average price is GBX 18.01.

IQE Company Profile

(Get Free Report)

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

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