IQE (LON:IQE) Trading Down 7.7% – Here’s What Happened

IQE plc (LON:IQEGet Free Report)’s share price fell 7.7% on Tuesday . The stock traded as low as GBX 9.25 and last traded at GBX 9.64. 58,324,949 shares traded hands during mid-day trading, an increase of 118% from the average session volume of 26,741,145 shares. The stock had previously closed at GBX 10.44.

IQE Stock Performance

The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The firm has a 50-day simple moving average of GBX 5.49 and a 200 day simple moving average of GBX 7.31. The company has a market cap of £79.73 million, a price-to-earnings ratio of -1.60, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86.

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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