IQE (LON:IQE) Stock Price Down 6.9% – Here’s Why

IQE plc (LON:IQEGet Free Report)’s stock price fell 6.9% during trading on Tuesday . The company traded as low as GBX 49.45 and last traded at GBX 50.75. 83,080,289 shares changed hands during trading, an increase of 151% from the average session volume of 33,082,543 shares. The stock had previously closed at GBX 54.50.

IQE Price Performance

The stock’s 50-day moving average is GBX 34.38 and its 200 day moving average is GBX 16.60. The company has a debt-to-equity ratio of 81.86, a current ratio of 1.17 and a quick ratio of 0.97. The company has a market cap of £485.00 million, a PE ratio of -9.74, a PEG ratio of 12.70 and a beta of 2.22.

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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