IQE plc (LON:IQE - Get Free Report) was down 5.7% during trading on Thursday . 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 changed hands during 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).
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.
View Our Latest Stock Analysis on IQE
IQE Price Performance
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 stock has a 50-day moving average price of GBX 12.66 and a 200 day moving average price of GBX 16.57. The stock has a market capitalization of £145.53 million, a price-to-earnings ratio of -6.25, a PEG 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.
Further Reading
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