IQE (LON:IQE) Sets New 12-Month Low – Here’s Why

IQE plc (LON:IQEGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 11.16 ($0.14) and last traded at GBX 11.32 ($0.15), with a volume of 3598802 shares traded. The stock had previously closed at GBX 11.74 ($0.15).

IQE Trading Down 3.6 %

The firm has a market cap of £109.45 million, a price-to-earnings ratio of -587.00, a PEG ratio of 12.70 and a beta of 1.86. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The business has a fifty day moving average of GBX 18.98 and a two-hundred day moving average of GBX 26.41.

About IQE

(Get Free Report)

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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