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IQE (LON:IQE) Stock Price Down 5.8% - Here's What Happened

IQE logo with Computer and Technology background

IQE plc (LON:IQE - Get Free Report) shares were down 5.8% during mid-day trading on Wednesday . The stock traded as low as GBX 13.54 ($0.17) and last traded at GBX 13.66 ($0.17). Approximately 4,013,634 shares were traded during trading, an increase of 24% from the average daily volume of 3,228,894 shares. The stock had previously closed at GBX 14.50 ($0.18).

IQE Trading Up 6.3 %

The company has a market capitalization of £140.39 million, a price-to-earnings ratio of -726.00, a price-to-earnings-growth 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. The firm has a fifty day moving average price of GBX 11.87 and a 200-day moving average price of GBX 17.98.

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.

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