IQE (LON:IQE) Trading Down 12% – Here’s What Happened

IQE plc (LON:IQEGet Free Report)’s share price traded down 12% during trading on Friday . The stock traded as low as GBX 17.60 and last traded at GBX 17.60. 194,401,063 shares were traded during trading, an increase of 848% from the average session volume of 20,512,369 shares. The stock had previously closed at GBX 20.

IQE Stock Down 4.2%

The stock has a 50-day moving average of GBX 8.20 and a two-hundred day moving average of GBX 7.27. The company has a market cap of £187.44 million, a P/E ratio of -3.77, a P/E/G 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

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IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

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