IQE (LON:IQE) Stock Price Down 9.4% – What’s Next?

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

Key Stories Impacting IQE

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IQE Stock Performance

The company has a debt-to-equity ratio of 49.21, a current ratio of 1.37 and a quick ratio of 0.97. The stock has a fifty day moving average price of GBX 5.59 and a two-hundred day moving average price of GBX 7.28. The company has a market cap of £76.79 million, a P/E ratio of -1.55, a PEG ratio of 12.70 and a beta of 1.86.

IQE Company Profile

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