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

IQE plc (LON:IQEGet Free Report) traded down 9.4% on Thursday . The stock 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 Stock Performance

The firm’s 50 day simple moving average is GBX 5.54 and its 200-day simple moving average is GBX 7.31. The company has a market capitalization of £79.73 million, a price-to-earnings ratio of -1.60, 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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