IQE (LON:IQE) Stock Price Down 8.9% – Should You Sell?

IQE plc (LON:IQEGet Free Report) was down 8.9% on Wednesday . The stock traded as low as GBX 43.30 and last traded at GBX 45.55. Approximately 205,789,797 shares were traded during mid-day trading, an increase of 506% from the average daily volume of 33,978,781 shares. The stock had previously closed at GBX 50.

IQE Stock Performance

The company has a debt-to-equity ratio of 81.86, a current ratio of 1.17 and a quick ratio of 0.97. The firm has a fifty day moving average price of GBX 31.72 and a two-hundred day moving average price of GBX 15.39. The stock has a market capitalization of £481.21 million, a PE ratio of -9.68, a P/E/G ratio of 12.70 and a beta of 2.22.

About IQE

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

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