IQE (LON:IQE) Stock Price Down 9.4% – Here’s What Happened

Shares of IQE plc (LON:IQEGet Free Report) traded down 9.4% during mid-day trading on Thursday . The company traded as low as GBX 8.15 and last traded at GBX 8.15. 18,015,104 shares were traded during trading, a decline of 16% from the average session volume of 21,355,688 shares. The stock had previously closed at GBX 9.

IQE Price Performance

The firm has a market capitalization of £79.73 million, a PE ratio of -1.60, a PEG ratio of 12.70 and a beta of 1.86. The stock has a 50-day moving average price of GBX 5.54 and a 200 day moving average price of GBX 7.31. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21.

About IQE

(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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