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IQE (LON:IQE) Trading Down 4.5% - Should You Sell?

IQE logo with Computer and Technology background

Shares of IQE plc (LON:IQE - Get Free Report) were down 4.5% during mid-day trading on Wednesday . The company traded as low as GBX 13.78 ($0.17) and last traded at GBX 13.84 ($0.17). Approximately 1,627,671 shares traded hands during trading, a decline of 48% from the average daily volume of 3,109,595 shares. The stock had previously closed at GBX 14.50 ($0.18).

IQE Stock Performance

The company has a market capitalization of £132.08 million, a price-to-earnings ratio of -683.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86. The firm has a fifty day simple moving average of GBX 11.81 and a 200 day simple moving average of GBX 18.01. 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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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