IQE plc (LON:IQE - Get Free Report) shares fell 5.7% on Friday . 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 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).
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 20 ($0.25) price objective on shares of IQE in a research report on Thursday.
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IQE Price Performance
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 business has a 50-day simple moving average of GBX 12.66 and a 200 day simple moving average of GBX 16.57. The firm has a market cap 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.
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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