IQE (LON:IQE) Stock Price Down 8.1% – Should You Sell?

IQE plc (LON:IQEGet Free Report)’s share price fell 8.1% on Thursday . The stock traded as low as GBX 23.25 and last traded at GBX 24.68. 26,432,006 shares were traded during mid-day trading, an increase of 30% from the average session volume of 20,397,357 shares. The stock had previously closed at GBX 26.85.

IQE Stock Down 8.3%

The firm has a market cap of £192.33 million, a price-to-earnings ratio of -3.87, a P/E/G ratio of 12.70 and a beta of 2.40. The company has a current ratio of 1.17, a quick ratio of 0.97 and a debt-to-equity ratio of 81.86. The firm has a 50 day moving average price of GBX 10.32 and a 200-day moving average price of GBX 7.83.

IQE Company Profile

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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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