IQE (LON:IQE) Stock Price Down 8.3% – What’s Next?

IQE plc (LON:IQEGet Free Report)’s share price was down 8.3% during trading on Monday . The stock traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.89 ($0.11). Approximately 38,469,945 shares were traded during mid-day trading, an increase of 1,170% from the average daily volume of 3,028,047 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Trading Down 8.1%

The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The company has a 50-day moving average price of GBX 9.52 and a 200 day moving average price of GBX 10.44. The firm has a market cap of £76.76 million, a price-to-earnings ratio of -199.57, a PEG ratio of 12.70 and a beta of 1.86.

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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