IQE plc (LON:IQE - Get Free Report)'s stock price was down 5.7% during trading on Friday . The company traded as low as GBX 14.60 ($0.18) and last traded at GBX 14.64 ($0.18). Approximately 2,734,056 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 3,388,092 shares. The stock had previously closed at GBX 15.52 ($0.20).
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 20 ($0.25) target price on shares of IQE in a report on Thursday.
View Our Latest Stock Report on IQE
IQE Price Performance
The firm has a market capitalization of £145.53 million, a P/E ratio of -6.25, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The firm has a 50 day moving average price of GBX 12.66 and a 200-day moving average price of GBX 16.57.
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.
Read More
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
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
