IQE plc (LON:IQE – Get Free Report)’s stock price fell 7.4% on Tuesday . The company traded as low as GBX 25.45 ($0.33) and last traded at GBX 25.60 ($0.34). 2,284,434 shares changed hands during trading, a decline of 29% from the average session volume of 3,225,659 shares. The stock had previously closed at GBX 27.65 ($0.36).
IQE Price Performance
The company’s 50-day simple moving average is GBX 29.90 and its 200 day simple moving average is GBX 28.05. The company has a market cap of £247.99 million, a PE ratio of -855.00, a PEG ratio of 12.70 and a beta of 1.95. The company has a debt-to-equity ratio of 31.89, a quick ratio of 0.97 and a current ratio of 1.26.
About IQE
IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.
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