Shares of IQE plc (LON:IQE - Get Free Report) fell 5.7% during trading on Thursday . The stock traded as low as GBX 14.60 ($0.18) and last traded at GBX 14.64 ($0.18). 2,734,056 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 3,388,092 shares. The stock had previously closed at GBX 15.52 ($0.20).
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 20 ($0.25) target price on shares of IQE in a report on Thursday.
Read Our Latest Analysis on IQE
IQE Trading Down 0.4 %
The company has a market capitalization of £145.53 million, a price-to-earnings ratio of -6.25, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The firm has a fifty day moving average price of GBX 12.66 and a 200-day moving average price of GBX 16.57. 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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