IQE plc (LON:IQE - Get Free Report)'s share price fell 5.7% during mid-day trading on Thursday . The company traded as low as GBX 14.60 ($0.18) and last traded at GBX 14.64 ($0.18). 2,734,056 shares changed 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).
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 20 ($0.25) target price on shares of IQE in a report on Thursday.
View Our Latest Analysis on IQE
IQE Stock Performance
The stock's 50-day simple moving average is GBX 12.66 and its 200 day simple moving average is 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. The company has a market capitalization of £145.53 million, a PE ratio of -6.25, a P/E/G ratio of 12.70 and a beta of 1.86.
About IQE
(
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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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