IQE (LON:IQE) Trading Down 9.1% – Time to Sell?

IQE plc (LON:IQEGet Free Report)’s stock price was down 9.1% on Tuesday . The company traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.82 ($0.11). Approximately 26,444,150 shares changed hands during mid-day trading, an increase of 794% from the average daily volume of 2,958,533 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Stock Down 0.5%

The firm has a market capitalization of £75.57 million, a P/E ratio of -196.46, 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’s fifty day moving average price is GBX 9.47 and its two-hundred day moving average price is GBX 10.39.

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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