IQE (LON:IQE) Shares Down 5.8% – Here’s What Happened

Shares of IQE plc (LON:IQEGet Free Report) fell 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 were traded 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 Trading Down 5.8 %

The company has a 50 day moving average of GBX 11.81 and a 200-day moving average of GBX 18.01. The stock has a market cap of £132.08 million, a price-to-earnings ratio of -683.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37.

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.

See Also

Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.