Shares of IQE plc (LON:IQE - Get Free Report) were down 5.7% 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 mid-day 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 Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 20 ($0.25) price objective on shares of IQE in a report on Thursday.
Check Out Our Latest Research Report on IQE
IQE Stock Performance
The firm has a market cap of £145.53 million, a PE ratio of -6.25, a P/E/G ratio of 12.70 and a beta of 1.86. The firm has a 50-day moving average price of GBX 12.66 and a two-hundred day moving average price of GBX 16.57. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21.
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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