IQE (LON:IQE) Trading Down 9.4% – Time to Sell?

IQE plc (LON:IQEGet Free Report) shares were down 9.4% on Thursday . The company traded as low as GBX 8.15 and last traded at GBX 8.15. Approximately 18,015,104 shares traded hands during trading, a decline of 16% from the average daily volume of 21,355,688 shares. The stock had previously closed at GBX 9.

IQE Stock Performance

The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 49.21. The stock’s fifty day simple moving average is GBX 5.54 and its 200 day simple moving average is GBX 7.31. The company has a market cap of £79.73 million, a price-to-earnings ratio of -1.60, a P/E/G ratio of 12.70 and a beta of 1.86.

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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