IQE plc (LON:IQE – Get Free Report) shares dropped 5.8% during mid-day trading on Wednesday . The stock traded as low as GBX 13.54 ($0.17) and last traded at GBX 13.66 ($0.17). Approximately 4,013,634 shares traded hands during mid-day trading, an increase of 24% from the average daily volume of 3,228,894 shares. The stock had previously closed at GBX 14.50 ($0.18).
IQE Price Performance
The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 49.21. The company’s fifty day moving average is GBX 11.81 and its two-hundred day moving average is GBX 18.01. The firm has a market capitalization of £132.08 million, a price-to-earnings ratio of -683.00, a price-to-earnings-growth ratio of 12.70 and a beta of 1.86.
About IQE
IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.
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