IQE (LON:IQE) Shares Down 4.6% – What’s Next?

IQE plc (LON:IQE)’s stock price dropped 4.6% during mid-day trading on Wednesday . The company traded as low as GBX 13.54 ($0.17) and last traded at GBX 13.84 ($0.17). Approximately 2,905,817 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 3,173,503 shares. The stock had previously closed at GBX 14.50 ($0.18).

IQE Stock Down 5.8 %

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 firm has a market capitalization of £132.08 million, a PE ratio of -683.00, a PEG ratio of 12.70 and a beta of 1.86. The company has a fifty day moving average price of GBX 11.81 and a 200-day moving average price of GBX 18.01.

IQE Company Profile

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.