IQE plc (LON:IQE – Get Free Report) dropped 6.9% during mid-day trading on Tuesday . The company traded as low as GBX 49.45 and last traded at GBX 50.75. Approximately 83,080,289 shares traded hands during mid-day trading, an increase of 151% from the average daily volume of 33,082,543 shares. The stock had previously closed at GBX 54.50.
IQE Trading Down 9.2%
The stock’s fifty day simple moving average is GBX 34.38 and its 200-day simple moving average is GBX 16.60. The firm 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. The company has a debt-to-equity ratio of 81.86, a current ratio of 1.17 and a quick ratio of 0.97.
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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