IQE plc (LON:IQE - Get Free Report)'s stock price fell 2.9% during trading on Wednesday . The company traded as low as GBX 16.60 ($0.21) and last traded at GBX 16.86 ($0.21). 6,977,199 shares changed hands during trading, an increase of 124% from the average session volume of 3,109,436 shares. The stock had previously closed at GBX 17.36 ($0.22).
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 20 ($0.25) price target on shares of IQE in a research note on Thursday.
Check Out Our Latest Research Report on IQE
IQE Stock Performance
The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The stock has a fifty day moving average of GBX 12.66 and a 200-day moving average of GBX 16.67. The stock has a market cap of £146.12 million, a PE ratio of -6.27, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86.
IQE Company Profile
(
Get Free Report)
IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.
Featured Articles
Before you consider IQE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IQE wasn't on the list.
While IQE currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
