IQE (LON:IQE) Trading Down 8.5% – Here’s What Happened

Shares of IQE plc (LON:IQEGet Free Report) fell 8.5% on Monday . The company traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.87 ($0.11). 34,511,254 shares traded hands during mid-day trading, an increase of 1,048% from the average session volume of 3,005,164 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Price Performance

The stock has a market capitalization of £75.62 million, a P/E ratio of -196.62, a PEG 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. The business has a fifty day simple moving average of GBX 9.43 and a 200-day simple moving average of GBX 10.37.

IQE Company Profile

(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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