Shares of IQE plc (OTCMKTS:IQEPF – Get Free Report) dropped 30.3% during mid-day trading on Tuesday . The company traded as low as $0.13 and last traded at $0.13. Approximately 100 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 14,100 shares. The stock had previously closed at $0.18.
IQE Trading Down 30.3 %
The firm has a fifty day moving average of $0.25 and a 200 day moving average of $0.34. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.16.
IQE Company Profile
IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.
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