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IQE (LON:IQE) Shares Down 5.8% - Here's Why

IQE logo with Computer and Technology background

IQE plc (LON:IQE - Get Free Report) fell 5.8% on Wednesday . The company traded as low as GBX 13.54 ($0.17) and last traded at GBX 13.66 ($0.17). 4,013,634 shares were traded during mid-day trading, an increase of 24% from the average session volume of 3,228,894 shares. The stock had previously closed at GBX 14.50 ($0.18).

IQE Price Performance

The firm has a market capitalization of £144.07 million, a PE ratio of -745.00, a P/E/G ratio of 12.70 and a beta of 1.86. The company has a 50-day moving average price of GBX 12.02 and a 200-day moving average price of GBX 17.72. The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97.

IQE Company Profile

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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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