IQE plc (LON:IQE - Get Free Report)'s share price dropped 9.3% during trading on Tuesday . The company traded as low as GBX 13.24 ($0.17) and last traded at GBX 13.24 ($0.17). Approximately 8,667,820 shares were traded during mid-day trading, an increase of 165% from the average daily volume of 3,271,366 shares. The stock had previously closed at GBX 14.60 ($0.19).
IQE Trading Down 20.4 %
The business has a fifty day moving average price of GBX 20.24 and a 200 day moving average price of GBX 26.93. The company has a market capitalization of £112.35 million, a PE ratio of -627.00, 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 quick ratio of 0.97 and a current ratio of 1.37.
About IQE
(
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IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.
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