IQE plc (LON:IQE – Get Free Report)’s share price dropped 9.4% during mid-day trading on Thursday . The company traded as low as GBX 8.15 and last traded at GBX 8.15. Approximately 18,015,104 shares traded hands during trading, a decline of 16% from the average daily volume of 21,355,688 shares. The stock had previously closed at GBX 9.
IQE Price Performance
The company has a 50-day simple moving average of GBX 5.54 and a 200-day simple moving average of GBX 7.31. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The stock has a market cap of £79.73 million, a PE ratio of -1.60, a PEG ratio of 12.70 and a beta of 1.86.
About IQE
IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.
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