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IQE (LON:IQE) Shares Down 5.8% - What's Next?

IQE logo with Computer and Technology background

IQE plc (LON:IQE - Get Free Report) shares were down 5.8% on Thursday . The company traded as low as GBX 13.54 ($0.17) and last traded at GBX 13.66 ($0.17). Approximately 4,013,634 shares changed hands during mid-day 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 Stock Up 6.3 %

The firm's 50 day simple moving average is GBX 11.87 and its 200-day simple moving average is GBX 17.98. The company has a market cap of £140.39 million, a price-to-earnings ratio of -726.00, a P/E/G ratio of 12.70 and a beta of 1.86. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97.

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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