IQE (LON:IQE) Shares Down 9.4% – Here’s Why

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

IQE Stock Performance

The firm has a market capitalization of £79.73 million, a P/E ratio of -1.60, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a 50-day moving average of GBX 5.54 and a 200-day moving average of GBX 7.31. The company has a current ratio of 1.37, a quick ratio of 0.97 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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