IQE (LON:IQE) Shares Down 12% – Time to Sell?

IQE plc (LON:IQEGet Free Report)’s stock price dropped 12% during mid-day trading on Friday . The company traded as low as GBX 17.60 and last traded at GBX 17.60. Approximately 194,401,063 shares traded hands during mid-day trading, an increase of 848% from the average daily volume of 20,512,369 shares. The stock had previously closed at GBX 20.

IQE Trading Down 16.4%

The business has a 50 day moving average of GBX 8.43 and a 200-day moving average of GBX 7.30. 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 firm has a market capitalization of £163.53 million, a P/E ratio of -3.29, a PEG ratio of 12.70 and a beta of 1.86.

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.

Featured Stories

Receive News & Ratings for IQE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQE and related companies with MarketBeat.com's FREE daily email newsletter.